Calculate revenue taken at four prices

Reference no: EM13108306

Gas station sells 1400 gallons of gasoline per hour if it charges $ 2.05 per gallon but only 1100 gallons per hour if it charges $ 2.95 per gallon. Suppose the linear model

(a) Find out gallons would be sold per hour of price is $ 2.70 per gallon?

(b) What should gasoline price be to sell 1000 gallons per hour?

(d) Which price gives the most revenue?

Reference no: EM13108306

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