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A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62

A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62

Intermediate Algebra
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter9: Functions
Section9.CR: Review Problem Set
Problem 24CR: An outpatient operating room charges each patient a fixed amount per surgery plus an amount per...
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A small company produces organic cookies. When the price is $9 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62
A small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7.00 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62.00 Find a function that models the daily profit in terms of the sales x in dozens of cookies. P(r) Now, find the daily profit when 180 dozen cookies are manufactured and sold. 2$ Round all answers to the nearest hundredth.
Transcribed Image Text:A small company produces organic cookies. When the price is $9.00 per dozen, the average daily sales has been 96 dozen cookies. When the price was decreased to $7.00 per dozen, the average daily sales increased to 170 dozen cookies. Assume that daily cookie sales is linearly related to price per dozen. Each dozen cookies has a variable cost of 81 cents to make, plus additional daily fixed costs of $62.00 Find a function that models the daily profit in terms of the sales x in dozens of cookies. P(r) Now, find the daily profit when 180 dozen cookies are manufactured and sold. 2$ Round all answers to the nearest hundredth.
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