Intermediate Algebra: Connecting Concepts through Application

Published by Brooks Cole
ISBN 10: 0-53449-636-9
ISBN 13: 978-0-53449-636-4

Chapter 4 - Quadratic Functions - 4.1 Quadratic Functions and Parabolas - 4.1 Exercises - Page 302: 31

Answer

A)$\$1000$. B)$\$1100$. C) $\$15$

Work Step by Step

A) The graph shows that at a price of $\$ 10$, the revenue would be $\$ 1000$. B) The graph shows that the maximum revenue per month is $\$1100$. C) From the graph, we see that the price that gives maximum revenue is $\$ 15$. D) The reason is that the cost of a T-shirt becomes higher after the vertex. This will lead to the drop of sales in T-shirt as people are less likely to buy at higher cost.
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