Until recently, hamburgers at the city sports arena cost $3.80 each. The food concessionaire sold an...

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Until recently, hamburgers at the city sports arena cost $3.80 each. The food concessionaire sold an average of 11,000 hamburgers on game night. When the price was raised to $4.40, hamburger sales dropped off to an average of 8,000 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 $2,500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit. (a) Assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. The hamburger price that will maximize the nightly hamburger revenue is $ 3.00 (Round to the nearest cent as needed.) (b) If the concessionaire had fixed costs of $2,500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit. The hamburger price that will maximize the nightly hamburger profit is $ Until recently, hamburgers at the city sports arena cost $3.80 each. The food concessionaire sold an average of 11,000 hamburgers on game night. When the price was raised to $4.40, hamburger sales dropped off to an average of 8,000 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 $2,500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit. (a) Assuming a linear demand curve, find the price of a hamburger that will maximize the nightly hamburger revenue. The hamburger price that will maximize the nightly hamburger revenue is $ 3.00 (Round to the nearest cent as needed.) (b) If the concessionaire had fixed costs of $2,500 per night and the variable cost is $0.60 per hamburger, find the price of a hamburger that will maximize the nightly hamburger profit. The hamburger price that will maximize the nightly hamburger profit is $