Mathematics, 02.06.2021 18:30 alenardbms7436
A local grocer sells 50 loaves of bread a day and she charges $0.65 a loaf. The grocer estimates that for each $0.05 she increases the price of a loaf, 2 fewer loaves of bread will be sold. Her revenue is the product of the number of loaves sold and the price of each loaf.
Required:
a. Write an equation for the revenue, R, in terms of the number of loaves, c.
b. Graph the revenue, R, and cost, C, on the same set of axes.
Answers: 2
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A local grocer sells 50 loaves of bread a day and she charges $0.65 a loaf. The grocer estimates tha...
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