Question
It costs a restaurant owner $4.80 per plate to produce the dinner special and fixed costs...
It costs a restaurant owner $4.80 per plate to produce the dinner special and fixed costs are $80. The restaurant’s price function is ? = −0.08? + 45.6 Where ? is the price at which ? plates of the dinner special will be sold. Find the price and quantity of dinner specials sold that will maximize profit.
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