ake is given can make up

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
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A small cake store estimates that the demand function for its signature cake is given
by : p(x)=-4x+37. The production cost is 5 $ per unit produced, and they can make up
to 12 signature cakes a day.
a). Find cost function
b). Find revenue function
c) Find profit function.
d).How many cakes should they produce to maximize their daily profit.
Transcribed Image Text:A small cake store estimates that the demand function for its signature cake is given by : p(x)=-4x+37. The production cost is 5 $ per unit produced, and they can make up to 12 signature cakes a day. a). Find cost function b). Find revenue function c) Find profit function. d).How many cakes should they produce to maximize their daily profit.
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