The manager of the Really Cheap Beer brewery is at it again.He's decided to get into the high-end micro-brew market with his newest recipe:Stand-up-and-Stout.He figures that he can make up to 5000 bottles of stout each month with a monthly fixed cost of $2000 and a marginal cost of $1.35 per bottle.
The manager does an extensive market analysis and he decides that the price,dollars per bottle,and the number of thousands of bottles of stout that can be sold each month,,are related by .
A) Find an equation for the monthly profit if the brewery produces thousand bottles of stout each month__________________________
thousand dollars.
B) What is the optimal price that Really Cheep Beer should charge?(To the nearest cent.)
_________________________dollars per bottle.
C) Suppose that the state of Oregon levies a manufacturing tax of $.50 per bottle on stout.(This changes the profit function.) How much of that tax should Really Cheep Beer pass on to their customers?
___________________ dollars per bottle.