Answer :
a. The function to represent the situation y = 420x.
b. The store charge for each tablet to maximize its profit is $408
c. The domain is [0, ∞) and the range is [0, ∞).
Function:
Basically, the term function means the relation from a set of inputs to a set of possible outputs where each input is related to exactly one output.
Given,
Last year, an office supply store sold 220 computer tablets for $420 each. This year its manager is considering reducing the price to increase sales. She estimates that for each $12 decrease in price, the store will sell 20 additional tablets.
Here we need to find the following:
a. The function to represent the situation
b. The store charge for each tablet to maximize its profit
c. The domain and range
While we looking into the given question as have identified that,
Price of each tablet = $420
Number of tablet sold = 220
Let us consider x be the number of tablet sold and y be the total amount.
So, the function that is used to calculate the sold tablet numbers is written as,
=> y = 420x
Here the store charge for each tablet to maximize its profit is $12.
So, the current price for the tablet is $408.
Here the domain is [0, ∞) and the range is [0, ∞).
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