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Price haircuts at for maximum profit

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Reference no: EM131233569

Find the solution to the problem you invented using Quadratic Functions profit parabola. Graph the function and attach it. All work must be shown!!

A hair salon charges $30 for a haircut; the salon was not very busy. The owner reduced the price of the haircuts and for every $2 that she reduced the price she attracted 5 more customers per day. What should she price haircuts at for maximum profit?

Price Reduction

Actual Price

Y Customers/day

Gross Profit (P-X) (Y)

Reference no: EM131233569

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