The local corner store currently sells 240 bags weekly of Snax-Treat at a price of $3.29 each. Sales predictions indicate that each 25 cent decrease in price will increase sales by 60 bags weekly. If the store pays $2.00 for each bag, what prices will maximize profit?(adsbygoogle = window.adsbygoogle || []).push({});

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[tex]P(x) = (240 + 60x)[(3.29 - 2.00) - 0.25x] = -15x^2 + 17.4x + 309.6[/tex]

A maximum at 0.58. If I round up to 1 beacuse [itex]x \epsilon N[/itex] then the price must be 3.04 to maximize profit?

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# Homework Help: Composit Function Problem

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