What should be charged to maximize profit

Reference no: EM13189179

the owner of a concession stand can sell 150 lunches per day at a price of $3 EACH. tHE COST TO THE owner is $2.25 per lunch. Each $0.25 price increase decreases sales by 30 lunches per day. What should be charged to maximize profit?

Reference no: EM13189179

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What should be charged to maximize profit : r of a concession stand can sell 150 lunches per day at a price of $3 EACH. tHE COST TO THE owner is $2.25 per lunch. Each $0.25 price increase decreases sales by 30 lunches per day. What should be charged to maximize profit?

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