select the correct answer. an office supply store carries several types of all - in - one printers. for one…

select the correct answer. an office supply store carries several types of all - in - one printers. for one particular model, the business managers are trying to determine what price will result in the best sales of the printer. the graphs of revenue, cost, and profit for this model, based on price, are shown. using the graph, which price should result in the maximum profit for the sales of this printer? a. $40 b. $64 c. $75 d. $110

select the correct answer. an office supply store carries several types of all - in - one printers. for one particular model, the business managers are trying to determine what price will result in the best sales of the printer. the graphs of revenue, cost, and profit for this model, based on price, are shown. using the graph, which price should result in the maximum profit for the sales of this printer? a. $40 b. $64 c. $75 d. $110

Answer

Explanation:

Step1: Identify profit - function graph

The green curve $P(x)$ represents the profit function.

Step2: Locate maximum of profit - function

Find the highest point on the $P(x)$ curve.

Step3: Determine corresponding price

The $x$ - value (price) at the maximum of $P(x)$ is approximately $x = 75$.

Answer:

C. $75$