Surprisingly, there is always a large amount of lager and beer consumed in October. Past years has shown that a good predictor for consumption of lager and beer in October is given by adding 50% on to the consumption of lager in September, and by adding 40% on to the consumption of beer in September. What price for lager should the Union charge, based on this prediction, so that the predicted total income in October for beer and lager sales is $110,000?
