A deli sells 720 sandwiches per day at a price of $6 each. (A) A market survey shows that for every $0.10 reduction in the price, 40 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge $ for a sandwich to maximize revenue. (Round to the nearest cent as needed.)

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
icon
Related questions
Question

2 part question thank u

A deli sells 720 sandwiches per day at a price of $6 each.
(A) A market survey shows that for every $0.10 reduction in the price, 40 more sandwiches will be sold. How much
should the deli charge in order to maximize revenue?
The deli should charge $ for a sandwich to maximize revenue.
(Round to the nearest cent as needed.)
Transcribed Image Text:A deli sells 720 sandwiches per day at a price of $6 each. (A) A market survey shows that for every $0.10 reduction in the price, 40 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge $ for a sandwich to maximize revenue. (Round to the nearest cent as needed.)
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
Contemporary Abstract Algebra
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
Linear Algebra: A Modern Introduction
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
Algebra And Trigonometry (11th Edition)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
Introduction to Linear Algebra, Fifth Edition
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
College Algebra (Collegiate Math)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education