5. A mug manufacturer finds that when they price their mugs…

5. A mug manufacturer finds that when they price their mugs at $12 they sell 200 mugs. They determine that for each $1 price increase, they will sell 5 fewer mugs per month. What price should they charge to maximize revenue? Justify your solution is optimal.

0. Multiple Choice: For multiple choice and True/False pleas…

0. Multiple Choice: For multiple choice and True/False please fill in correct answer(s) for each of the following by completely filling in the appropriate bubble(s)/selecting the correct answers on Canvas. You may be asked to provide quick justification for your answer. If you are not asked to show your work no justification is required.

The pdf of the exam is available here:   The multiple choice…

The pdf of the exam is available here:   The multiple choice section is to be answered below on Canvas. For the rest of the problems, write you solutions out on blank paper and upload your work to the Gradescope assignment located here: https://www.gradescope.com/courses/1053743/assignments/6465711   The formula sheet is available here: 211_Formula_Sheet.pdf   You’ve got this! Good luck!

(c) Sales of a product are modeled by a function that gives…

(c) Sales of a product are modeled by a function that gives the number of units sold days after the start of the month. If on the 10th day of the month sales are dropping (going down) increasingly rapidly, what can we say about the first and second derivatives of the function ?