Question

Find the price that yields the maximum daily profit and the amount of the daily profit.

A) Price: $30; Daily Profit: $600
B) Price: $60; Daily Profit: $300
C) Price: $50; Daily Profit: $300
D) Price: $30; Daily Profit: $500

Answer 1

The price that yields the maximum daily profit is $30 with a daily profit of $600.

Step-by-step explanation:

The price that yields the maximum daily profit can be found by comparing the daily profits of each option.

1. Price: $30; Daily Profit: $600
2. Price: $60; Daily Profit: $300
3. Price: $50; Daily Profit: $300
4. Price: $30; Daily Profit: $500

From the given options, option A) Price: $30; Daily Profit: $600 has the maximum daily profit.