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..ooo AT&T; 3:17 PM (1) factoring a parabo how to factor Parabc mainfr.un edio S

ID: 3114862 • Letter: #

Question

..ooo AT&T; 3:17 PM (1) factoring a parabo how to factor Parabc mainfr.un edio Secure Login Un Amazon.com OnrUniversity Gradebook ORION Dewnloadable eTextbook ent Chapter 3, Section 3.3, Question 045 A carpenter finds that if she charges p dollars for a chalk, she sells 1200-3p of them each year (a) At what price will she price herself out of the market, that is, have no customers at all She prices herself out ofthn market she charge, S; (b) Now much should she charge to maximize her annual revenue? for a chair She should charge S to maximize her annual revenue

Explanation / Answer

Following is the anser to your question

a.

At a price of 1200/3= $400 she will have no customers

b.

$200