Question

Until recently, hamburgers at the city sports arena cost $2.50 each. The food concessionaire sold an average of 875 hamburgers on game night. When the price was raised to $2.80, hamburger sales dropped off to an average of 800 per night. The concessionaire's fixed costs were $400.40 per night and the variable cost was $1.92 per hamburger.

Answer 1

Answer:

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