document.write( "Question 1180888: A company runs food device concessions for sporting events throughout the country their marketing research department chose a particular football stadium to test market a nwe jumbo hot dog. It was found that the demand for the new hot dog is given approximately by : p=4-ln(x),5 is less than equal to x and x is less than equal to 500.
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document.write( "Where x is the number of hot dogs(in thousands) that can be sold during one game at a price of P dollars. If the company pays 1 dollar for each hot dog, how should hot dogs be priced to maximize the profit per game? \n" );
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Algebra.Com's Answer #811341 by Solver92311(821)![]() ![]() You can put this solution on YOUR website! \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Price as a function of demand: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Revenue: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Cost: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Profit: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Hence \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "John \n" ); document.write( " \n" ); document.write( "My calculator said it, I believe it, that settles it \n" ); document.write( " ![]() \n" ); document.write( "\n" ); document.write( "From \n" ); document.write( "I > Ø \n" ); document.write( " |