Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Get accurate and detailed answers to your questions from a dedicated community of experts on our Q&A platform. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

A bookstore can obtain a certain gift book from the publisher at a cost of $3 per book. The bookstore has been offering the book at the price of $15 per copy and, at this price, has been selling 200 copies a month. The bookstore is planning to lower its price to stimulate sales and estimates that for each $1 reduction in the price, 20 more books will be sold each month. Express the bookstore’s monthly profit from the sale of this book as a function of the selling price, draw the graph, and estimate the optimal selling price.​