Math Problem Statement
The demand for a certain fraternity's plastic brownie dishes is q(p) = 363,609 − (p + 1)2 where q represents the number of brownie dishes that the fraternity can sell each month at a price of p¢. Use this function to determine the following. (a) Determine the number of brownie dishes the fraternity can sell each month if the price is set at 80¢. brownie dishes (b) Determine the number of brownie dishes they can unload each month if they give them away. brownie dishes (c) Determine the lowest price at which the fraternity will be unable to sell any dishes. ¢
Solution
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Math Problem Analysis
Mathematical Concepts
Quadratic Functions
Demand Functions
Maximization and Zero Points
Formulas
q(p) = 363,609 − (p + 1)^2
(p + 1)^2 = 363,609
Theorems
Zero Product Property
Square Root Property
Suitable Grade Level
Grades 9-12
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