Mathematics, 23.01.2021 19:00 CurlyheadShay
Sophie bakes and sells bread. On a typical day, she sells 125 loafs of bread for a price of $5.00 per loaf. Over the last few months, Sophie has been experimenting with her pricing and finds that for every
increase of $0.25 in the price per loaf, she loses 5 customers.
A. Write an equation that models Sophie’s revenue.
b. Determine the maximum revenue that Sophie can expect.
c. Determine the price per loaf that results in a maximum revenue.
Answers: 1
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Sophie bakes and sells bread. On a typical day, she sells 125 loafs of bread for a price of $5.00 pe...
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