Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN: 9780470458365
Author: Erwin Kreyszig
Publisher: Wiley, John & Sons, Incorporated
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**Problem 6:**

A computer dealer can sell 12 PCs per week at a price of $2000 each. He estimates that, for every $400 reduction in price, he will sell 3 more PCs per week. If the computers cost him $1200 each, what price should he charge to maximize his profit? How many will he sell at that price?

(Note: This problem involves finding the optimal price and quantity of PCs to be sold to maximize profit based on given cost and price-demand relationships.)
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Transcribed Image Text:**Problem 6:** A computer dealer can sell 12 PCs per week at a price of $2000 each. He estimates that, for every $400 reduction in price, he will sell 3 more PCs per week. If the computers cost him $1200 each, what price should he charge to maximize his profit? How many will he sell at that price? (Note: This problem involves finding the optimal price and quantity of PCs to be sold to maximize profit based on given cost and price-demand relationships.)
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