Question

Can someone please answer this question for me with the correct steps/ equations to answering this problem? I am having a lot of difficulty.

Lola's Eatery sells 1,000 sub sandwiches a week at $10 each. Lola determines that for each $1 extra she charges her sales will decrease by 50 subs. Lola also determines her fixed costs are $500 per week and each sub costs $4 to produce.

Q: State the revenue function, ?(?), for Lola's Subs.

Q: State the revenue function, ?(?), for Lola's Subs.

Q: How much should Lola be charging for a sub sandwich to maximize profit?

Answer 1