A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62
A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62
![A small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has
been 96 dozen cookies. When the price was decreased to $7.00 per dozen, the average daily sales
increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each
dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62.00
Find a function that models the daily profit in terms of the sales x in dozens of cookies.
P(r)
Now, find the daily profit when 180 dozen cookies are manufactured and sold.
2$
Round all answers to the nearest hundredth.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ff2717d0a-9cc1-471a-88d4-8bb6a5513183%2F3b3c9f9a-bf1c-4ca7-92ec-f5a57463a221%2Fyshbp37_processed.jpeg&w=3840&q=75)
Transcribed Image Text:A small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has
been 96 dozen cookies. When the price was decreased to $7.00 per dozen, the average daily sales
increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each
dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62.00
Find a function that models the daily profit in terms of the sales x in dozens of cookies.
P(r)
Now, find the daily profit when 180 dozen cookies are manufactured and sold.
2$
Round all answers to the nearest hundredth.
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