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The Sweet Stuff food truck sells various sweet treats. Their top selling treat is the deluxe cinnamon roll. They sell an average of 24
The Sweet Stuff food truck sells various sweet treats. Their top selling treat is the deluxe cinnamon roll. They sell an average of 24 deluxe cinnamon rolls on a typical summer evening at $6.00 per roll. According to market research for every $0.25 decrease in price, the food truck can expect to sell 2 more cinnamon rolls each night. a) According to these numbers, determine the current revenue from the deluxe cinnamon. b) Define variables and set up a function to model this scenario. (Hint: take a look at Example 2 in Lesson 2.4 if you need help defining variables and setting up a function] =) Determine the maximum revenue from the deluxe cinnamon rolls that the food truck can earn. What will be the price of a deluxe cinnamon roll when the revenue is at a maximum?
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