Math Solutions

(Solution Library) The owner of a salon believes the relationship between the number of customers served and the number of hairstylist employed is Q = -10+15L-L

Question: The owner of a salon believes the relationship between the number of customers served and the number of hairstylist employed is Q = -10+15L-L 2 where Q is the number of customers served per hour and L is the number of stylists employed. The wage rate is $10/hour and the price of a hairstyle is $30. The other inputs like hair products, scissors, and water add up to $100/hr.

i.) How many stylists should be employed to maximize profit?

ii.) What will be the salon's hourly profit at this level?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document


∴ Other downloads you may be interested in ∴

log in to your account

Forgot password?
Don't have a membership account?
REGISTER

reset password

Back to
log in

sign up

Back to
log in