- A manufacturer of men’s shirts determines that her costs willbe 500 dollars for overhead plus 9 dollars for each shirt made. Heraccountant has estimated that her selling price s(x)should be determined bysx=30-0.2x where x isthe number of shirts sold. Thus, the revenue function is theselling price of shirts times the number of shirts sold, i.e.Rx=x(30-0.2x) wherex is the number of shirts
- Give the formula for the profit function where x isthe number of shirts.
b. How many shirts should beproduced to maximize profit?
c. At what price will the shirtsbe sold to maximize profit?
d. What is her resulting profit?