20 Nov 2021
Problem 46b
Page 308
Section 4.6: Optimization Problems
Chapter 4: Applications of Differentiation
Textbook ExpertVerified Tutor
20 Nov 2021
Given information
1. During the summer months Terry makes and sells necklaces on the beach.
2. Last summer he sold the necklaces for 
each and his sales averaged 20 per day.
3. When he increased the price by 
, he found that the average decreased by two sales per day.
4. Demand function is linear.
5. The material for each necklace costs Terry 
.
Step-by-step explanation
Step 1.
The profit function is computed as follows:
Therfore
Single Variable Calculus: Early Transcendentals
4th Edition, 2018
Stewart
ISBN: 9781337687805
Solutions
Chapter
Section
- Problem 1a
- Problem 1b
- Problem 2
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- Problem 5
- Problem 6
- Problem 7
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- Problem 9a
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- Problem 10c
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- Problem 13b
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- Problem 32a
- Problem 32b
- Problem 33a
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- Problem 33c
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- Problem 44a
- Problem 44b
- Problem 45a
- Problem 45b
- Problem 46a
- Problem 46b
- Problem 47a
- Problem 47b
- Problem 47c
- Problem 48
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- Problem 50
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- Problem 53
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- Problem 55
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- Problem 59a
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- Problem 59d
- Problem 60a
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- Problem 60c
- Problem 61a
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- Problem 62a
- Problem 62b
- Problem 62c
- Problem 62d