LLliA 14) The stadium vending company finds that sales of hot dogs average 45,000 hot dogs per game when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the sales per game drop by 5000 hot dogs. What price per hot dog should the vending company charge to realize the maximum revenue? A) $2.00 B) $3.75 C) $3.50 D) $4.50

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.CR: Review Exercises
Problem 40CR: Sue and Daves semicircular driveway is to be resealed, and then flowers are to be planted on either...
icon
Related questions
Question
100%
LLliA
14) The stadium vending company finds that sales of hot dogs average 45,000 hot dogs per game
when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the sales per game
drop by 5000 hot dogs. What price per hot dog should the vending company charge to realize
the maximum revenue?
A) $2.00
B) $3.75
C) $3.50
D) $4.50
Transcribed Image Text:LLliA 14) The stadium vending company finds that sales of hot dogs average 45,000 hot dogs per game when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the sales per game drop by 5000 hot dogs. What price per hot dog should the vending company charge to realize the maximum revenue? A) $2.00 B) $3.75 C) $3.50 D) $4.50
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 1 images

Blurred answer
Similar questions
Recommended textbooks for you
Elementary Geometry For College Students, 7e
Elementary Geometry For College Students, 7e
Geometry
ISBN:
9781337614085
Author:
Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:
Cengage,
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Elementary Geometry for College Students
Elementary Geometry for College Students
Geometry
ISBN:
9781285195698
Author:
Daniel C. Alexander, Geralyn M. Koeberlein
Publisher:
Cengage Learning
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning