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A small cafe sells drip coffee for $0.95 per cup. On average, it costs the cafe $0.25 to make a cup of coffee (for grounds, hot water, filters). The cafe also has a fixed daily cost of $200(for rent, wages, and utilities). (a) Let R, C, and P be the cafe's daily revenue, costs, and profit, respectively, for selling x cups of coffee in a day. Find formulas for R, C, and P as functions of x. [Hint: The revenue, R, is the total amount of money that the cafe brings in. the cost, C, includes the fixed daily cost as well as the cost for all x cups of coffee sold. P is the cafe's profit after
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