Question: The demand function for bubble tea isd(c) = 7.0015c, wheredis measured in dollars andcis the number of cups of tea produced and sold. The total
The demand function for bubble tea isd(c) = 7.0015c, wheredis measured in dollars andcis the number of cups of tea produced and sold. The total cost, in dollars, of producingccups of bubble tea ist(c) = 40 + 1.25c. Determine the level of production that maximizes profit.
Hint: Profit is described by the equationcd(c)t(c). Do you see why? Math 215
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