Mathematics, 03.12.2020 22:50 kenziekey831
At his sandwich shop, Victor charges customers $5.00 for a sandwich, and sells anaverage of 300 sandwiches per week. He wonders if lowering his selling price willincrease his sandwich sales. One week, Victor offers sandwiches at $3.00 instead of $5.00. That week, he sells 500 sandwiches. Victor’s cost per sandwich is $1.50. He assumes a linear relationship between the selling price per sandwich and the number of sandwiches sold per week.
a. Determine the greatest price Victor can charge and still make a profit.
b. Determine Victor’s maximum weekly profit from sandwich sales and the
Answers: 2
At his sandwich shop, Victor charges customers $5.00 for a sandwich, and sells anaverage of 300 sand...
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