Solution-What is the maximum revenue

What is the maximum revenue

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A concession stand at a sports stadium sells 600 bags of peanuts (each game) if $4.00 is charged per bag. For each $0.25 increase in price, 30 fewer bags are sold. At what price should the peanuts be sold in order to maximize the revenue? What is the maximum revenue?

Reference no: EM131311958

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What is the maximum revenue : A concession stand at a sports stadium sells 600 bags of peanuts (each game) if $4.00 is charged per bag. For each $0.25 increase in price, 30 fewer bags are sold. At what price should the peanuts be sold in order to maximize the revenue? What is ..

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What is the maximum revenue

Reference no: EM131311958

Reference no: EM131311958

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