As a result of the price increase, an additional $188.50 was made.
The first step here is to find out the increased revenue that was earned on each bag of popcorn:
= New price - old price
= 3.75 - 3.10
= $0.65
The concession stand sold 290 units so the increased amount that was earned was:
= Incremental revenue x Number of units sold
= 0.65 x 290
= $188.50
In conclusion, an additional $188.50 was made.
Find out more at https://brainly.com/question/13473660.
