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To find: The daily revenue achieved by selling boxes of candy is figured to be . The daily cost of selling boxes of candy is
a. How many boxes of candy must the firm sell to maximize revenue? What is the maximum revenue?
To find: The daily revenue achieved by selling boxes of candy is figured to be . The daily cost of selling boxes of candy is
b. Profit is given as .What is the profit function?
To find: The daily revenue achieved by selling boxes of candy is figured to be . The daily cost of selling boxes of candy is
c. How many boxes of candy must the firm sell to maximize profit? What is the maximum profit?
To find: The daily revenue achieved by selling boxes of candy is figured to be . The daily cost of selling boxes of candy is
d. Provide a reasonable explanation as to why the answers found in parts a and c differ. Explain why a quadratic function is a reasonable model for revenue.
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Chapter 4 Solutions
College Algebra (10th Edition)
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