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 November 24, 2022, 11:30 am ad1c9bdddf
Please see the attached excel spreadsheet.
This problem, ...
In Excel, the solution is demonstrated and solved.