In: Physics
Exercise 2
The cost of producing one teddy bear is 10 PLN. At the price of 15
PLN per teddy bear the sales volume is 1000 pieces per year. Each
time the price is raised by 1 PLN, the sales decrease by 50
pieces.
PROFIT = (FINAL PRICE - PRODUCTION COST) * number of units
sold
(a) Determine the formula of the square function describing the
annual profit depending on the price x PLN per unit.
b) Set such a price for one teddy bear that the annual profit of
the company is the highest. What will be the sales volume and what
profit?