subject
Mathematics, 24.03.2020 05:24 toxsicity

Until recently hamburgers at the city sports arena cost $4 each. The food concessionaire sold an average of 10,000 hamburgers on a game night. When the price was raised to $4.40, hamburger sales dropped off to an average of 8,000 per night. Assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. If the concessionaire has a fixed cost of $1000 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 17:30
Which expression will have the same sum as 3_8 + 1/4?
Answers: 1
question
Mathematics, 21.06.2019 19:00
Atriangle has a side lengths of 18cm, 80 cm and 81cm. classify it as acute obtuse or right?
Answers: 2
question
Mathematics, 21.06.2019 20:30
Wrote and expression for the difference of p and 4
Answers: 1
question
Mathematics, 21.06.2019 21:30
Look at triangle wxy what is the length (in centimeters) of the side wy of the triangle?
Answers: 1
You know the right answer?
Until recently hamburgers at the city sports arena cost $4 each. The food concessionaire sold an ave...
Questions
question
Mathematics, 27.07.2021 22:30
Questions on the website: 13722360