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Solve the Problem. -The Stadium Vending Company Finds That Sales of Hot Dogs

Question 136

Multiple Choice

Solve the problem.
-The stadium vending company finds that sales of hot dogs average 48,000 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 the vending company charge to realize the maximum
Revenue?


A) $3.90
B) $2.30
C) $4.80
D) $3.65

Correct Answer:

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