A deli sells 640 sandwiches per day at a price of $8 each. Question content area bottom Part 1 (A) A market survey shows that for every $0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge $enter your response here for a sandwich to maximize revenue.
A deli sells 640 sandwiches per day at a price of $8 each. Question content area bottom Part 1 (A) A market survey shows that for every $0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge $enter your response here for a sandwich to maximize revenue.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A deli sells
640 sandwiches per day at a price of $8 each.
Question content area bottom
Part 1
(A) A market survey shows that for every $0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue?
The deli should charge
$enter your response here
for a sandwich to maximize revenue.Expert Solution
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