Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an average of 625 hamburgers on game night. When the price was raised to $3.00, 1 hamburger sales dropped off to an average of 500 per night. The concessionaire's fixed costs were $612.00 per night and the variable cost was $0.72per hamburger. 1 AN Find the break-even points.| The break-even points are Evaluate the marginal profit at x=850 and interpret the results. The marginal profit at f x=850 is 1 Interpret the marginal profit.f| OA1 At a production level of 850 hamburgers, the profit is decreasing at a rate of per hamburger.| 1 At a production level of 850 hamburgers, the profit is increasing at a rate of per hamburger.¶

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an
average of 625 hamburgers on game night. When the price was raised to $3.00, 1
hamburger sales dropped off to an average of 500 per night. The concessionaire's fixed costs were
$612.00 per night and the variable cost was $0.72per hamburger.
AYT
Find the break-even points.
The break-even points are
Evaluate the marginal profit at x=850 and interpret the results.
The marginal profit at ¶
x-850 is 1
Interpret the marginal profit.
At a production level of 850 hamburgers, the profit is decreasing at a rate of
per hamburger.
B.1
At a production level of 850 hamburgers, the profit is increasing at a rate of ¶
2$
per hamburger.
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Transcribed Image Text:Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an average of 625 hamburgers on game night. When the price was raised to $3.00, 1 hamburger sales dropped off to an average of 500 per night. The concessionaire's fixed costs were $612.00 per night and the variable cost was $0.72per hamburger. AYT Find the break-even points. The break-even points are Evaluate the marginal profit at x=850 and interpret the results. The marginal profit at ¶ x-850 is 1 Interpret the marginal profit. At a production level of 850 hamburgers, the profit is decreasing at a rate of per hamburger. B.1 At a production level of 850 hamburgers, the profit is increasing at a rate of ¶ 2$ per hamburger. E Accessibility: Investigate D Focus search 65% PrtSc Insert Delete F9 F10 F11 F12 & 4 9. Backspace Num Lock G J. K Enter M Shift + II
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