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Business, 22.06.2019 23:10, hannah2757
Until recently, hamburgers at the city sports arena cost $4.70 each. the food concessionaire sold an average of 13 comma 000 hamburgers on game night. when the price was raised to $5.40, hamburger sales dropped off to an average of 6 comma 000 per night. (a) assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. (b) if the concessionaire had fixed costs of $1 comma 500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit.
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Business, 23.06.2019 23:00, hannahkharel2
"by three methods we may learn wisdom: first, by reflection which is noblest, second, by imitation, which is easiest, third, by experience, which is bitterest."
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Business, 24.06.2019 00:30, laylay120
Your employer has asked you to start working overtime and has offered to pay $18 per hour for every hour you work beyond forty hours a week. the wage rate for each of the first forty hours will continue to be the usual $15 per hour. in terms of dollars, what is the marginal benefit of working each hour of overtime?
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