Question

A deli sells 480 sandwiches per day at a price of $4 each. (A) A market survey shows that for every $0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue? The deli should charge $ 3.20 for a sandwich to maximize revenue. (Round to the nearest cent as needed.) (B) A different market survey shows that for every $0.20 reduction in the original $4 price, 5 more sandwiches will be sold. Now how much should the deli charge in order to maximize revenue? Now the deli should charge $ for a sandwich to maximize revenue. (Round to the nearest cent as needed.)

          A deli sells 480 sandwiches per day at a price of $4 each.
(A) A market survey shows that for every $0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue?
The deli should charge $ 3.20 for a sandwich to maximize revenue.
(Round to the nearest cent as needed.)
(B) A different market survey shows that for every $0.20 reduction in the original $4 price, 5 more sandwiches will be sold. Now how much should the deli charge in order to maximize revenue?
Now the deli should charge $ for a sandwich to maximize revenue.
(Round to the nearest cent as needed.)

A deli sells 480 sandwiches per day at a price of 4 each.
(A) A market survey shows that for every0.10 reduction in the price, 20 more sandwiches will be sold. How much should the deli charge in order to maximize revenue?
The deli should charge 3.20 for a sandwich to maximize revenue.
(Round to the nearest cent as needed.)
(B) A different market survey shows that for every0.20 reduction in the original 4 price, 5 more sandwiches will be sold. Now how much should the deli charge in order to maximize revenue?
Now the deli should charge for a sandwich to maximize revenue.
(Round to the nearest cent as needed.)

Added by Crystal R.

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