Concept explainers
A small business makes cookies and sells them at the farmer’s market. The fixed monthly cost for use of a Health Department-approved kitchen and rental space at the farmer's market is
a. Write a linear cost function representing the cost
b. Write a linear revenue function representing the revenue
c. Write a linear profit function representing the profit for producing and selling
d. Determine the number of cookies (in dozens) that must be produced and sold for a monthly profit.
e. If 150 dozen cookies are sold in a given month, how much money will the business make or lose?
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