Recent content by slab_ryda

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    What Price Should a Goat Salesman Charge to Maximize Profit?

    This is probably a very easy easy question, but I am kinda stumped on how to figure it out. even your Q's i) and ii), Dick, please excuse my stupidity, i just want to solve it so my group doesn't take a fall.
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    What Price Should a Goat Salesman Charge to Maximize Profit?

    express each as a function of the number of price reductions? Is that what you are saying? or just x as a variable
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    What Price Should a Goat Salesman Charge to Maximize Profit?

    Maximizing profit equation URGENT 1. Homework Statement : A goat salesman can sell 12 goats per day at a price of 15000 each. His marketing dept estimates that for each $300 price reduction he can sell 2 more goats per day. If each goat costs him $12000, and fixed costs are $1000, use...