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Question 22 A coffee shop currently sells 460 lattes a day at $3.25 each. They recently tried raising the by price $0.25 a latte, and

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Question 22 A coffee shop currently sells 460 lattes a day at $3.25 each. They recently tried raising the by price $0.25 a latte, and found that they sold 40 less lattes a day. a) Assume that the number of lattes they sell in a day, N, is linearly related to the sale price, p (in d Find an equation for N as a function of p. N(p) : b) Revenue (the amount of money the store brings in before costs) can be found by multiplying the cost cup times the number of cups sold. Again using p as the sales price, use your equation from above to wr an equation for the revenue, R as a function of p. R (p ) = c) The store wants to maximize their revenue (make as much money as possible). Find the value of p that will maximize the revenue (round to the nearest cent). P: which will give a maximum revenue of $ Question Help: Video Submit

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