Business: Maximum Profit An automobile dealer can sell four cars per day at a price of $12,000. She estimates that for each $200 price reduction she can sell two more cars per day. If each car costs her $10,000, and her fixed costs are $1000, what price should she charge to maximize her profit? How many cars will she sell at this price? [Hint: Let x = the number of $200 price reductions.]
We need at least 10 more requests to produce the solution.
0 / 10 have requested this problem solution
The more requests, the faster the answer.