Suppose selling candles for p dollars each means you can sell 65−3p of them. For example, if you charge 5 dollars for each, then you can sell 50 candles.
(a) At what price will you have no customers?
p=____________ dollars
(b) How much should you charge to maximize your revenue?
p=____________ dollars
(c) What is the maximum revenue?
The maximum revenue is ____________ dollars.
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Suppose selling candles for p dollars each means you can sell 65−3p of them. For example,...
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