Business, 06.11.2019 19:31, emj70

Acompany runs food service concessions for sporting events throughout the country. their marketing research department chose a particular football stadium to test market a new jumbo hot dog. it was found that the demand for the new hot dog is given approximately by p=7−ln(x),1≤x≤500, where x is the number of hot dogs (in thousands) that can be sold during one game at a price of p dollars. if the company pays 1 dollar for each hot dog, how should the hot dogs be priced to maximize the profit per game?

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Acompany runs food service concessions for sporting events throughout the country. their marketing r...