Question: A street vendor constructs the table below on the basis of sales data. ( folel Consumer expenditure and revenue are terms for the same thing
A street vendor constructs the table below on the basis of sales data. folel Consumer expenditure and revenue are terms for the same thing from different pariouctives. Corncier engende money that consumers spend on a product, and revenue is the amount of money that butinesses tale in by selling the product.
Sales of Roses, Given the Price per Doaen
tabletablePricedollarstableSalesdogen roses
a Find a quadratic function for the model of the data that gives the quantity sold at dollars, data from Round all numerical values to Evree secimal phans.
b Find a function for the model for consumer expenditure revenue for the vendor where is the price in dollars, daca from Round all numercar walues three onciR
c What price should the street vendor charge to maximiet consumer expenditure? Round your answer to two checimal places.
C If aach daten roses costs the vendor $ what price should he charge to maximae his profit? Round your andwer to two decimal places.
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