Calculus 1 (Applied Optimization Problems) Sue’s Soup Shop can sell 180 bowls of soup in one day when the price is $5/bowl. For every 50 cents that the price goes up, Sue’s sales decrease by 12 bowls. What price should Sue set for the soup to maximize her revenue?
Added by Kurt H.
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We are given that when the price is $5/bowl, Sue can sell 180 bowls of soup. This gives us the point (5, 180) on the revenue curve. Show more…
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