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Famous Albert prides himself on being the cookie king of the West. Small freshly baked cookies are the specialty of his shop. Famous Albert has

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Famous Albert prides himself on being the cookie king of the West. Small freshly baked cookies are the specialty of his shop. Famous Albert has asked for help to determine the number of cookies he should make each day. From analysis of past demand he estimates demand for cookies as: Each dozen sells for $0.69 and costs $0.49, which includes handling and transportation. Cookies that are not sold at the end of the day are reduced to $0.29 and sold the following day as day-old merchandise. To answer the following questions, please choose from following choices: a. 0.19 b. 0.14 c. 0.15 d. 0.17 e. 2600 f. 424 g. 2400 h. 534 18. What is the expected marginal gain if production quantity is 2,000 ? 19. What is the expected marginal loss if production quantity is 2,800 ? 20. What is the expected net marginal profit if production quantity is 2,200 ? 21. What is the total expected daily profit if the production quantity is 2600 ? 22. What is the optimal daily production quantity

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