Demand = 30/s^2: what price maximizes profits?

[illiminato7]

It's been a few years since I've taken Calc and I am currently a student. I just received a Calc problem and I don't recall the method to solve it. If anyone could help me out today, as soon as possible, it would be immensely appreciated. Here's the problem:

Demand=30/(s) squared The (s) stands for price of apples. What price should apples be sold at to maximize profits?

Thanks guys, have a great day!

 

[tkhunny]

No good.

Price * Demand = Revenue ONLY if you can meet the demand. We are lacking SUPPLY information.

Revenue - Expense = Profit. We are lacking EXPENSE information.

Read the problem a couple more times and supply all of it. Then maybe we can talk.