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The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand

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The American Baker's Association reports that annual sales of bakery goods last year rose 15 percent, driven by a 50 percent increase in the demand for bran muffins. Most of the increase was attributed to a report that diets rich in bran help prevent certain types of cancer You are the manager of a bakery that produces and packages gourmet bran muffins, and you currently sell bran muffins in packages of three However, as a result of this new report, a typical consumer's inverse demand for your bran muffins is now P=10 0.5Q II your cost of producing bran muffins is QQ=5.5Q, determine the optimal number of bran muffins to sell in a single package and the optimal package price Instructions: Enter your response for the optimal package price rounded to two decimal places. Optimal package size Optirnal package price $

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