Imamdiallo18
Imamdiallo18
01.07.2020 • 
Business

Until recently, hamburgers at the city sports arena cost $ 2.50 each. The food concessionaire sold an average of 1750 hamburgers on game night. When the price was raised to $ 3.10 hamburger sales dropped off to an average of 1,450 per night. The? concessionaire's fixed costs were $1,903.00 per night and the variable cost was $1.44 per hamburger. Answer the following questions (A) through (F).(A) Assume that the relationship between price p and demand x is linear. Express p as a function of x and find the domain of this function. p=The domain of p is(Type a compound? inequality.)
(B) Find the revenue function in terms of x and state its domain.- ?R(x)=The domain of R(x) is(Type a compound? inequality.)(C) Assume that the cost function is linear. Express the cost function in terms of x.C(x)=(D) Graph the cost function and the revenue function in the same coordinate system.Find the break-even points.The break-even points are(Simplify your answer. Type an ordered pair. Use a comma to separate answers as? needed.)(E) Find the profit function in terms of x.P(x)=(F) Evaluate the marginal profit at x=600 and interpret the results.The marginal profit at x=600 is $.b)At a production level of 600 ?hamburgers, the profit is increasing at a rate of $ per hamburger.a)At a production level of 600 ?hamburgers, the profit is decreasing at a rate of $ per hamburger.

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