You can sell widgets for $50/Y, where Y is the number of widgets you sell. In other words, the more widgets you sell, the lower the price. It costs $1.5Y to make Y widgets. Using Excel, how many widgets do you make to maximize your profits?© BrainMass Inc. brainmass.com March 4, 2021, 5:37 pm ad1c9bdddf
Please see the attached excel spreadsheet.
This problem, ...
In Excel, the solution is demonstrated and solved.