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When the Price of a Glass of Lemonade at a Lemonade

Question 20

Multiple Choice

When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold.

A) When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold. A) B) C) D) E)
B) When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold. A) B) C) D) E)
C) When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold. A) B) C) D) E)
D) When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold. A) B) C) D) E)
E) When the price of a glass of lemonade at a lemonade stand was $1.75,400 glasses were sold.When the price was lowered to $1.50,500 glasses were sold.Assume that the demand function is linear and that the marginal and fixed costs are $0.10 and $25,respectively.Find the profit P as a function of x,the number of glasses of lemonade sold. A) B) C) D) E)

​When the Price of a Glass of Lemonade at a Lemonade

Multiple Choice

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When the Price of a Glass of Lemonade at a Lemonade

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