A coffeeshop in Minneapolis determines that it can sell 4000 cups of coffee at a price of $2.00, but for every $1 increase in the price, their sales will decrease by 4400 cups and for every $1 decrease, their sales will increase by 4400 cups. A function giving the revenue earned when the price of coffee is a dollars per cup is R(x): = The coffeeshop can earn a maximum of when the price of a cup of coffee is $ (round your answers to two decimal places)
A coffeeshop in Minneapolis determines that it can sell 4000 cups of coffee at a price of $2.00, but for every $1 increase in the price, their sales will decrease by 4400 cups and for every $1 decrease, their sales will increase by 4400 cups. A function giving the revenue earned when the price of coffee is a dollars per cup is R(x): = The coffeeshop can earn a maximum of when the price of a cup of coffee is $ (round your answers to two decimal places)
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A coffeeshop in Minneapolis determines that it can sell
4000 cups of coffee at a price of $2.00, but for every
$1 increase in the price, their sales will decrease by
4400 cups and for every $1 decrease, their sales will
increase by 4400 cups.
A function giving the revenue earned when the price of
coffee is a dollars per cup is R(x)
=
The coffeeshop can earn a maximum of
when the price of a cup
of coffee is $
(round
your answers to two decimal places)
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