A deli sells 320 sandwiches per day at a price of $4 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.)
A deli sells 320 sandwiches per day at a price of $4 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.)
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...
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