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You face an uncertain selling period for your homemade ples. On average, you think you can sell 45 ples. Your costs per pie are $2.50

 You face an uncertain selling period for your homemade ples. On average, you think you can sell 45 ples. Your costs per pie are $2.50 and each pie sells for $4.50. Any unsold leftovers have no retail value and are donated to a homeless shelter. Should you make more or less than 45 pies to sell, in order to maximize expected profit?

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You should aim to make exactly 45 pies to maximize expected profit heres why Selling Price vs Cost At 450 per pie the selling price is 2 higher than your 250 cost per pie This means you make a profit ... blur-text-image

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