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)