Mathematics, 05.05.2021 16:40 jesus319
Maximum profit. A university student center sells 2,000 cups of coffee per day at a price of $4.0. A market survey shows that for every $0.1 reduction in price, 100 more cups of coffee will be sold. The cost of making one cup of coffee is $1.0. a) how much should the student center charge for a cup of coffee in order to maximize the profit? b) how many cups of coffee is the student center selling per day with this price? c) what is the maximum profit?
Answers: 1
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Maximum profit. A university student center sells 2,000 cups of coffee per day at a price of $4.0. A...
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