Final answer:
To estimate how many more hamburgers the restaurant will sell, we can use differentials. Let's assume that the price of a hamburger is $2 and the current quantity sold is 5. To estimate the change in quantity, we can use the formula dQ = (dP * Q) / P.
Step-by-step explanation:
To estimate how many more hamburgers the restaurant will sell, we can use differentials. Let's assume that the price of a hamburger is $2 and the current quantity sold is 5. To estimate the change in quantity, we can use the formula dQ = (dP * Q) / P, where dQ is the change in quantity, dP is the change in price, Q is the initial quantity, and P is the initial price.
Let's say the price of a hamburger increases by $1. Plugging in the values, we get dQ = (1 * 5) / 2 = 2.5. So, the restaurant would sell approximately 2.5 more hamburgers if the price increases by $1.
Similarly, we can estimate the change in quantity if the price decreases or if there are other factors affecting the demand for hamburgers.