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Sagot :
Answer:
At x = 15 ; price meets profit goal
At x = 25 ; price does not meet profit goal
Step-by-step explanation:
Constraint:
p < -15x2 + 600x + 60
P ≥ 5,000
x = shirt price ;
If x = 15
p ≤ -15(15²) + 600(15) + 60
p ≤ -3375 + 9000 + 60
p ≤ 5685
p ≥ 5000
5685 ≥ 5000 ( condition is met)
2.)
With a shirt price of $25
x = 25
p ≤ -25(25²) + 600(25) + 60
p ≤ -15625 + 15000 + 60
p ≤ - 565
p ≥ 5000
-565 < 5000 ( condition is not met)
a) When the price of the shirt is $15, the company meets its profit goals.
b) When the price of the shirt is $25, the company meets its profit goals.
What is the profit goal?
The profit goal is met when the price of a good or service exceeds the costs of its production and sales.
At p < -15(15)^2 + 600 (15) + 60 and p <= -15(25)^2 + 600(25) + 60, the profit goal of $5,000 is met.
Thus, we can conclude that:
a) When the price of the shirt is $15, the company meets its profit goals.
b) When the price of the shirt is $25, the company meets its profit goals.
Learn more about the importance of financial planning in meeting the profits goal at https://brainly.com/question/12890843
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