The expectations theory of the term structure of interest rates explains that Question 15 options: interest rates on a long term bonds equal to the average of the expected long-term interest rates on the bonds interest rates on a long term bonds equal to the average of the expected short-term interest rates on the bonds none of the answers are correct interest rates on a long term bonds equal to the average bond prices

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.