Get the answers you need from a community of experts on IDNLearn.com. Whether it's a simple query or a complex problem, our community has the answers you need.
Sagot :
Answer:
At x = 15 ; price meets profit goal
At x = 25 ; price does not meet profit goal
Step-by-step explanation:
Constraint:
p < -15x2 + 600x + 60
P ≥ 5,000
x = shirt price ;
If x = 15
p ≤ -15(15²) + 600(15) + 60
p ≤ -3375 + 9000 + 60
p ≤ 5685
p ≥ 5000
5685 ≥ 5000 ( condition is met)
2.)
With a shirt price of $25
x = 25
p ≤ -25(25²) + 600(25) + 60
p ≤ -15625 + 15000 + 60
p ≤ - 565
p ≥ 5000
-565 < 5000 ( condition is not met)
a) When the price of the shirt is $15, the company meets its profit goals.
b) When the price of the shirt is $25, the company meets its profit goals.
What is the profit goal?
The profit goal is met when the price of a good or service exceeds the costs of its production and sales.
At p < -15(15)^2 + 600 (15) + 60 and p <= -15(25)^2 + 600(25) + 60, the profit goal of $5,000 is met.
Thus, we can conclude that:
a) When the price of the shirt is $15, the company meets its profit goals.
b) When the price of the shirt is $25, the company meets its profit goals.
Learn more about the importance of financial planning in meeting the profits goal at https://brainly.com/question/12890843
#SPJ5
Your participation means a lot to us. Keep sharing information and solutions. This community grows thanks to the amazing contributions from members like you. IDNLearn.com is dedicated to providing accurate answers. Thank you for visiting, and see you next time for more solutions.