Answer:
Price = $4.50
Maximum revenue = $2,430
Step-by-step explanation:
The concession stand sells 600 bags of peanut at $4.00 (600, $4.00).
If there is a $1 increase in price, the number of bags old will decrease by 120, which mens that 480 bags of peanuts will be sold at $5.00 (480, $5.00).
Tracing a linear relationship between price and quantity sold with the two given points:


The revenue function is given by the price multiplied by the quantity sold:

The value of 'Q' for which the derivate of the revenue function is zero, is the output level for which revenue is maximum:

The total revenue of 540 units at $4.50 per unit is:

Answer:
The equation of Line is y = - 8x + 7
Step-by-step explanation:
Given as :
The slop of line is - 8
And The y intercept is 7
As the equation of line is y = mx + c
For y intercept , x = 0
So, With y intercept and slop ,
7 = (-8)× (0)+ c
Or, c = 7
So the equation of line is
y = mx + c
I.e y = ( - 8 ) x + 7
Hence The equation of Line is y = - 8x + 7 Answer
Answer:
he would need to cut 4 lawns
Step-by-step explanation:
if you take 145-65 if would need 80 left. if you take 80 divided by 20 you get 4.