Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015

1st Edition

ISBN: 9781680331165

Author: HOUGHTON MIFFLIN HARCOURT

Publisher: Houghton Mifflin Harcourt

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Question

Chapter 3.1, Problem 57E

To determine

To calculate:

The maximize daily revenue and its charges

Expert Solution & Answer

Answer to Problem 57E

Maximize daily revenue and its charges are $1983.75 and $5.75 respectively.

Explanation of Solution

Given information:

Price of sandwiches: P=$6

Sell per day: S=15

Calculation:

The current revenue at the restaurant is estimated as:

R=$6×330=$1980

Consider,

x : number of times the price to be dropped by $0.25

So, the new price of the sandwich is calculated as:

P'=6−0.25x

The new sell of sandwich per day is calculated as:

S'=330+15x

The new revenue of the restaurant is:

R'=(6−0.25x)(330+15x)

Here, need to find maximize the current revenue of the restaurant use the above new revenue equation to make it as complete square:

R'=(6−0.25x)(330+15x)R'=1980−82.5x+90x−3.75x2R'=1980−3.75(−2x+x2)R'=1980−3.75(1−1−2x+x2)R'=1980+3.75−3.75(x2−2x−1)

R'=1983.75−3.75(x−1)2........(1)

Since, (x−1)2 is always positive, need to minimize the second term to maximize the total revenue.

(x−1)2=0x2=1x=1

From eq. (1):

R'=1983.75−3.75(0)R'=$1983.75

Hence, the maximize daily revenue is calculated as $1983.75

Now, the charges need to maximize daily revenue is calculated as:

P'=6−0.25xP'=6−0.25(x)P'=6−0.25P'=$5.75

Chapter 3.1, Problem 56E

Chapter 3.1, Problem 58E

Chapter 3 Solutions

Big Ideas Math A Bridge To Success Algebra 2: Student Edition 2015

Ch. 3.1 - Prob. 1E Ch. 3.1 - Prob. 2E Ch. 3.1 - Prob. 3E Ch. 3.1 - Prob. 4E Ch. 3.1 - Prob. 5E Ch. 3.1 - Prob. 6E Ch. 3.1 - Prob. 7E Ch. 3.1 - Prob. 8E Ch. 3.1 - Prob. 9E Ch. 3.1 - Prob. 10E

Ch. 3.1 - Prob. 11E Ch. 3.1 - Prob. 12E Ch. 3.1 - Prob. 13E Ch. 3.1 - Prob. 14E Ch. 3.1 - Prob. 15E Ch. 3.1 - Prob. 16E Ch. 3.1 - Prob. 17E Ch. 3.1 - Prob. 18E Ch. 3.1 - Prob. 19E Ch. 3.1 - Prob. 20E Ch. 3.1 - Prob. 21E Ch. 3.1 - Prob. 22E Ch. 3.1 - Prob. 23E Ch. 3.1 - Prob. 24E Ch. 3.1 - Prob. 25E Ch. 3.1 - Prob. 26E Ch. 3.1 - Prob. 27E Ch. 3.1 - Prob. 28E Ch. 3.1 - Prob. 29E Ch. 3.1 - Prob. 30E Ch. 3.1 - Prob. 31E Ch. 3.1 - Prob. 32E Ch. 3.1 - Prob. 33E Ch. 3.1 - Prob. 34E Ch. 3.1 - Prob. 35E Ch. 3.1 - Prob. 36E Ch. 3.1 - Prob. 37E Ch. 3.1 - Prob. 38E Ch. 3.1 - Prob. 39E Ch. 3.1 - Prob. 40E Ch. 3.1 - Prob. 41E Ch. 3.1 - Prob. 42E Ch. 3.1 - Prob. 43E Ch. 3.1 - Prob. 44E Ch. 3.1 - Prob. 45E Ch. 3.1 - Prob. 46E Ch. 3.1 - Prob. 47E Ch. 3.1 - Prob. 48E Ch. 3.1 - Prob. 49E Ch. 3.1 - Prob. 50E Ch. 3.1 - Prob. 51E Ch. 3.1 - Prob. 52E Ch. 3.1 - Prob. 53E Ch. 3.1 - Prob. 54E Ch. 3.1 - Prob. 55E Ch. 3.1 - Prob. 56E Ch. 3.1 - Prob. 57E Ch. 3.1 - Prob. 58E Ch. 3.1 - Prob. 59E Ch. 3.1 - Prob. 60E Ch. 3.1 - 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Prob. 16Q Ch. 3.3 - Prob. 17Q Ch. 3.3 - Prob. 18Q Ch. 3.4 - Prob. 1E Ch. 3.4 - Prob. 2E Ch. 3.4 - Prob. 3E Ch. 3.4 - Prob. 4E Ch. 3.4 - Prob. 5E Ch. 3.4 - Prob. 6E Ch. 3.4 - Prob. 7E Ch. 3.4 - Prob. 8E Ch. 3.4 - Prob. 9E Ch. 3.4 - Prob. 10E Ch. 3.4 - Prob. 11E Ch. 3.4 - Prob. 12E Ch. 3.4 - Prob. 13E Ch. 3.4 - Prob. 14E Ch. 3.4 - Prob. 15E Ch. 3.4 - Prob. 16E Ch. 3.4 - Prob. 17E Ch. 3.4 - Prob. 18E Ch. 3.4 - Prob. 19E Ch. 3.4 - Prob. 20E Ch. 3.4 - Prob. 21E Ch. 3.4 - Prob. 22E Ch. 3.4 - Prob. 23E Ch. 3.4 - Prob. 24E Ch. 3.4 - Prob. 25E Ch. 3.4 - Prob. 26E Ch. 3.4 - Prob. 27E Ch. 3.4 - Prob. 28E Ch. 3.4 - Prob. 29E Ch. 3.4 - Prob. 30E Ch. 3.4 - Prob. 31E Ch. 3.4 - Prob. 32E Ch. 3.4 - Prob. 33E Ch. 3.4 - Prob. 34E Ch. 3.4 - Prob. 35E Ch. 3.4 - Prob. 36E Ch. 3.4 - Prob. 37E Ch. 3.4 - Prob. 38E Ch. 3.4 - Prob. 39E Ch. 3.4 - Prob. 40E Ch. 3.4 - Prob. 41E Ch. 3.4 - Prob. 42E Ch. 3.4 - Prob. 43E Ch. 3.4 - Prob. 44E Ch. 3.4 - Prob. 45E Ch. 3.4 - Prob. 46E Ch. 3.4 - Prob. 47E Ch. 3.4 - Prob. 48E Ch. 3.4 - 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Prob. 16E Ch. 3.5 - Prob. 17E Ch. 3.5 - Prob. 18E Ch. 3.5 - Prob. 19E Ch. 3.5 - Prob. 20E Ch. 3.5 - Prob. 21E Ch. 3.5 - Prob. 22E Ch. 3.5 - Prob. 23E Ch. 3.5 - Prob. 24E Ch. 3.5 - Prob. 25E Ch. 3.5 - Prob. 26E Ch. 3.5 - Prob. 27E Ch. 3.5 - Prob. 28E Ch. 3.5 - Prob. 29E Ch. 3.5 - Prob. 30E Ch. 3.5 - Prob. 31E Ch. 3.5 - Prob. 32E Ch. 3.5 - Prob. 33E Ch. 3.5 - Prob. 34E Ch. 3.5 - Prob. 35E Ch. 3.5 - Prob. 36E Ch. 3.5 - Prob. 37E Ch. 3.5 - Prob. 38E Ch. 3.5 - Prob. 39E Ch. 3.5 - Prob. 40E Ch. 3.5 - Prob. 41E Ch. 3.5 - Prob. 42E Ch. 3.5 - Prob. 43E Ch. 3.5 - Prob. 44E Ch. 3.5 - Prob. 45E Ch. 3.5 - Prob. 46E Ch. 3.5 - Prob. 47E Ch. 3.5 - Prob. 48E Ch. 3.5 - Prob. 49E Ch. 3.5 - Prob. 50E Ch. 3.5 - Prob. 51E Ch. 3.5 - Prob. 52E Ch. 3.5 - Prob. 53E Ch. 3.5 - Prob. 54E Ch. 3.5 - Prob. 55E Ch. 3.5 - Prob. 56E Ch. 3.5 - Prob. 57E Ch. 3.5 - Prob. 58E Ch. 3.5 - Prob. 59E Ch. 3.5 - Prob. 60E Ch. 3.5 - Prob. 61E Ch. 3.5 - Prob. 62E Ch. 3.5 - Prob. 63E Ch. 3.5 - Prob. 64E Ch. 3.5 - Prob. 65E Ch. 3.5 - Prob. 66E Ch. 3.6 - Prob. 1E Ch. 3.6 - Prob. 2E Ch. 3.6 - Prob. 3E Ch. 3.6 - Prob. 4E Ch. 3.6 - Prob. 5E Ch. 3.6 - Prob. 6E Ch. 3.6 - Prob. 7E Ch. 3.6 - Prob. 8E Ch. 3.6 - Prob. 9E Ch. 3.6 - Prob. 10E Ch. 3.6 - Prob. 11E Ch. 3.6 - Prob. 12E Ch. 3.6 - Prob. 13E Ch. 3.6 - Prob. 14E Ch. 3.6 - Prob. 15E Ch. 3.6 - Prob. 16E Ch. 3.6 - Prob. 17E Ch. 3.6 - Prob. 18E Ch. 3.6 - Prob. 19E Ch. 3.6 - Prob. 20E Ch. 3.6 - Prob. 21E Ch. 3.6 - Prob. 22E Ch. 3.6 - Prob. 23E Ch. 3.6 - Prob. 24E Ch. 3.6 - Prob. 25E Ch. 3.6 - Prob. 26E Ch. 3.6 - Prob. 27E Ch. 3.6 - Prob. 28E Ch. 3.6 - Prob. 29E Ch. 3.6 - Prob. 30E Ch. 3.6 - Prob. 31E Ch. 3.6 - Prob. 32E Ch. 3.6 - Prob. 33E Ch. 3.6 - Prob. 34E Ch. 3.6 - Prob. 35E Ch. 3.6 - Prob. 36E Ch. 3.6 - Prob. 37E Ch. 3.6 - Prob. 38E Ch. 3.6 - Prob. 39E Ch. 3.6 - Prob. 40E Ch. 3.6 - Prob. 41E Ch. 3.6 - Prob. 42E Ch. 3.6 - Prob. 43E Ch. 3.6 - Prob. 44E Ch. 3.6 - Prob. 45E Ch. 3.6 - Prob. 46E Ch. 3.6 - Prob. 47E Ch. 3.6 - Prob. 48E Ch. 3.6 - Prob. 49E Ch. 3.6 - Prob. 50E Ch. 3.6 - 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The maximize daily revenue and its charges

Videos

To calculate: The maximize daily revenue and its charges

Answer to Problem 57E

Explanation of Solution

Chapter 3 Solutions

To calculate:

The maximize daily revenue and its charges