Question

Some kids are starting an orange juice stand. Including the supplies to set up and decorate their stand, they decide that it will cost them $8.50 to make 64oz cups of orange juice and $10 to make 94oz. They will charge $1 for an 8oz cup of orange juice.

a. Assuming a linear model for their cost function C, determine C as a function of x, the number of ounces of orange juice produced.

b. Assuming the kids sell x ounces of orange juice, what is their revenue function R in terms of x?

c. Use a. and b.to give the childrens profit P as a function of x

Answer 1

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