Question

A manufacturer of men's shirts determines that her costs will be $500 for overhead plus $9 for each shirt made. Her accountant has estimated that her selling price p should be determined by $p = 30 - 0.2\sqrt{q}$, where q is the number of shirts sold. The price that should be charged for each item at the profit-maximizing quantity is ________. A. p = $27 B. p = $31 C. p = $12 D. p = $16

          A manufacturer of men's shirts determines that her costs will be $500 for overhead plus $9 for each shirt made. Her accountant has estimated that her selling price p should be determined by $p = 30 - 0.2\sqrt{q}$, where q is the number of shirts sold. The price that should be charged for each item at the profit-maximizing quantity is ________.

A. p = $27
B. p = $31
C. p = $12
D. p = $16

A manufacturer of men's shirts determines that her costs will be 500 for overhead plus9 for each shirt made. Her accountant has estimated that her selling price p should be determined by p = 30 - 0.2√(q), where q is the number of shirts sold. The price that should be charged for each item at the profit-maximizing quantity is .

A. p = 27
B. p =31
C. p = 12
D. p =16

Added by Patrick W.

Calculus: Early Transcendentals

James Stewart 8th Edition

Instant Answer

Solved by Expert Darshan Maheshwari

01/29/2022

Step 1

Step 1: The total cost (TC) for producing q shirts is given by TC = $500 + $9q. Show more…

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A manufacturer of men's shirts determines that her costs will be $500 for overhead plus $9 for each shirt made. Her accountant has estimated that her selling price p should be determined by p=30-0.2sqrt()q, where q is the number of shirts sold. The price that should be charged for each item at the profit-maximizing quantity is A. p=$27 B. p=$31 C. p=$12 D. p=$16 A manufacturer of men's shirts determines that her costs will be $500 for overhead plus $9 for each shirt made. Her accountant has estimated that her selling price p should be determined by p=30-0.2Vq,where q is the number of shirts sold.The price that should be charged for each item OA.p=$27 OB.p=$31 OC.p=$12 OD.p=$16