Profit When soft drinks were sold for $1.00 per can at football games, approximately

Chapter 3, Problem 49

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Profit When soft drinks were sold for $1.00 per can at football games, approximately 6000 cans were sold. When the price was raised to $1.20 per can, the quantity demanded dropped to 5600. The initial cost is $5000 and the cost per unit is $0.50. Assuming that the demand function is linear, use the table feature of a graphing utility to determine the price that will yield a maximum profit.

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