Until recently, hamburgers at the city sports arena cost $3.60 each. The food concessionaire sold an average of 7,000 hamburgers on game night when the price was raised to $420, hamburger sales dropped off to an average of 4,000 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 $1,000 per night and the variable cost is $0 40 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 $7. (Round to the nearest cent as needed.) (b) If the concessionaire had fixed costs of $1,000 per night and the variable cost is $0 40 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 $ Enter your answer in each of the answer boxes Until recently, hamburgers at the city sports arena cost $3.60 each. The food concessionaire sold an average of 7,000 hamburgers on game night when the price was raised to $420, hamburger sales dropped off to an average of 4,000 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 $1,000 per night and the variable cost is $0 40 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 $7. (Round to the nearest cent as needed.) (b) If the concessionaire had fixed costs of $1,000 per night and the variable cost is $0 40 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 $ Enter your answer in each of the answer boxes