document.write( "Question 440190: Steve owns a hotdog stand. He has found that sales of hot dogs average 42,000 hot dogs a year when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the number of hotdogs sold drop by 5000. What price per hot dog should Steve charge to realize the maximum revenue?
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document.write( " A. $1.70
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document.write( "B. $4.20
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document.write( "C. $3.35
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document.write( "D. $3.60
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Algebra.Com's Answer #304171 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "Let \n" ); document.write( "given: \n" ); document.write( " \n" ); document.write( "-------------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "This is a parabola with a maximum, since the \n" ); document.write( "coefficient of \n" ); document.write( "The max is at \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Steve should allow \n" ); document.write( " \n" ); document.write( "He should charge $3.35 per hot dog \n" ); document.write( "------------------------------ \n" ); document.write( "You can check this by putting \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "and seeing ir |