21hendlill
21hendlill
19.10.2020 • 
Mathematics

Dave owns Dave's Donut Shop and must make decisions about how much to charge for donuts. As a businessowner he wants to attract a lot of customers as well as make a lot of money (revenue). The amount of revenue Dave makes can be modeled by the equation R = (p-1)(200 - 40p), where p represents the price of one donut and R represents the total revenue. Use as many strategies as you can to figure out the questions below. 0 At what price will Dave break even (make no revenue)? How much should Dave charge to maximize his revenue? What is the most money Dave can make? Dave made $100 from donut sales. How much must he have charged per donut?

Solved
Show answers

Ask an AI advisor a question