Question 53
A company produces 300 mountain bikes weekly, which it sells entirely at a price of 600 euros each. After a market analysis, he observes that if the price varies, his sales also vary (continuously) according to the following proportion: for every 7 euros that the price of his bicycles increases or decreases, the sale decreases or increases by 3 units.
a) Can you increase the price and get more revenue?
b) At what price will the income be maximum?
a) Can you increase the price and get more revenue?
b) At what price will the income be maximum?