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Mathematics 19 Online
OpenStudy (anonymous):

Someone please walk me through this please. I really need help

OpenStudy (anonymous):

OpenStudy (anonymous):

@mathmale

OpenStudy (mathmale):

You might want to label the axes of this graph. The horizontal axis represents PRICE, in dollars. The vertical axis represents PROFIT, also in dollars. You can see from this graph that if you start by selling your product at zero dollars, your profit is zero. Thereafter the graph rises as x increases. At what PRICE (x-value) do you earn the max profit, and in what dollar amount is that profit?

OpenStudy (anonymous):

I see the maximum is 300

OpenStudy (anonymous):

@mathmale

OpenStudy (mathmale):

Right. So, the maximum profit you could possibly obtain is $300 (be certain to use the $ sign here). This occurs when you have set the selling price of this item as ... what figure?

OpenStudy (mathmale):

I asked earlier, "At what PRICE (x-value) do you earn the max profit, and in what dollar amount is that profit?"

OpenStudy (anonymous):

The x value is 2 is when you can earn 300 @mathmale

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