An espresso stand finds that at a price of $4.00, demand is 440 cups. For every $0.25 increase in price, demand decreases by 25 cups. Find the price that maximizes revenue.

Q: Fixed costs=$85000, unit variable cost=$48, selling price per unit=$75. Find the break even number…

A: The formula for break even number in units is, Q=FCSP(per unit)-VC(per unit) Here, Q: break even…

Q: Suppose that 50 students are able to raise $250 for a gift when each one contributes $5.…

A: An equation of single variable having degree 2 is called quadratic equation. It is in the form of…

Q: A farmer finds that if she plants 95 trees per acre, each tree will yield 25 bushels of fruit. She…

A:

Q: A farmer finds that if she plants 80 trees per acre, each tree will yield 70 bushels of fruit. She…

A: A farmer finds that if she plants 80 trees per acre, each tree will yield 70 bushels of fruit. Let x…

Q: A farmer finds that if she plants 40 trees per acre, each tree will yield 30 bushels of fruit. She…

A: For every additional tree planted, yield decreases by bushels.  Question can be solved by using…

Q: Amazon can sell 20,000 copies of a new book for 16 per book. For each 1 reduction in price Amazon…

A: This question can be solved using the concept of maxima and minima.