In the planning of a taco restaurant, we estimate that if there is seating for between 10 and 40 people, the daily revenue will be $10 per seat. However, if the seating capacity is more than 40 places, the daily profit per seat will be decreased by $0.20 per seat. What should the seating capacity be in order to maximize the taco restaurant's total Revenue and how much revenue will they make per seat?
In the planning of a taco restaurant, we estimate that if there is seating for between 10 and 40 people, the daily revenue will be $10 per seat. However, if the seating capacity is more than 40 places, the daily profit per seat will be decreased by $0.20 per seat. What should the seating capacity be in order to maximize the taco restaurant's total Revenue and how much revenue will they make per seat?
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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Transcribed Image Text:In the planning of a taco restaurant, we estimate that if there is seating
for between 10 and 40 people, the daily revenue will be $10 per seat.
However, if the seating capacity is more than 40 places, the daily
profit per seat will be decreased by $0.20 per seat.
What should the seating capacity be in order to maximize the taco
restaurant's total Revenue and how much revenue will they make per
seat?
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