Mossfeet shoe company is a single product firm. mossfeet is predicting that a price increase next year will not cause unit sales to decrease. what effect would this price increase have on the following items for next year? contribution break-evenmargin ratio pointa) increase decreaseb) decrease decreasec) increase no effectd) decrease no effect

Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.