ake is given can make up

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A small cake store estimates that the demand function for its signature cake is given
by : p(x)=-4x+37. The production cost is 5 $ per unit produced, and they can make up
to 12 signature cakes a day.
a). Find cost function
b). Find revenue function
c) Find profit function.
d).How many cakes should they produce to maximize their daily profit.
Transcribed Image Text:A small cake store estimates that the demand function for its signature cake is given by : p(x)=-4x+37. The production cost is 5 $ per unit produced, and they can make up to 12 signature cakes a day. a). Find cost function b). Find revenue function c) Find profit function. d).How many cakes should they produce to maximize their daily profit.
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