Question

(1 point) A gas station sells 1000 gallons of gasoline per hour if it charges $...

(1 point) A gas station sells 1000 gallons of gasoline per hour if it charges $ 2.30 per gallon but only 900 gallons per hour if it charges $ 2.80 per gallon. Assuming a linear model (a) How many gallons would be sold per hour of the price is $ 2.40 per gallon? Answer: (b) What must the gasoline price be in order to sell 800 gallons per hour? Answer: $ (c) Compute the revenue taken at the four prices mentioned in this problem -- $ 2.30, $ 2.40, $ 2.80 and your answer to part (b). Which price gives the most revenue? Answer: $

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