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Profit Parabolas: The baseball card shop is trying to sell limited baseball cards for $30, yet...

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Basic Math

Profit Parabolas: The baseball card shop istrying to sell limited baseball cards for $30, yet no one isinterested in buying the cards. The owner of the baseball cardshop, reduced the price of the cards to help sales. The baseballcard owner found for every $1 that, the price was reduced, itcreated 8 more customers daily( per day). If the baseball cardowner reduced the price to $ 20, how many people(customers) will bebuying baseball cards each day? What will be the total profit? Whatshould be the price of the baseball cards to create the greatestprofit for the owner? Graph the function. Clearly label thegraph.

Answer & Explanation Solved by verified expert
3.6 Ratings (470 Votes)
There is an issue with the question Since the cost of baseballcards is not given the total daily profit cannot be determinedTherefore we presume that it is the total revenue which isrequiredThe baseball cards being sold at 30 do not    See Answer
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