SOLUTION: The stadium vending company finds that sales of hot dogs average 31,000 hot dogs per game when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the sales p

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: The stadium vending company finds that sales of hot dogs average 31,000 hot dogs per game when the hot dogs sell for $2.50 each. For each 50 cent increase in the price, the sales p      Log On


   

Question 365305: The stadium vending company finds that sales of hot dogs average 31,000 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 be vending company charge to realize the maximum revenue? What is the maximum revenue?
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The stadium vending company finds that sales of hot dogs average 31,000 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 be vending company charge to realize the maximum revenue? What is the maximum revenue?