Final answer:
The significance of the information provided is to determine the total revenue for the hot dog stand owner and to address the question of how much money the owner makes by selling hot dogs.
Step-by-step explanation:
In this scenario, the significance of the information provided is to determine the total revenue for the hot dog stand owner and to address the question of how much money the owner makes by selling hot dogs.
To find the total revenue, multiply the number of hot dogs sold by the price of each hot dog. In this case, the owner sells 30 hot dogs a day at a price of $3 each, so the total revenue would be 30 x $3 = $90 per day.
The question being addressed is the calculation of the total revenue and understanding its importance in determining the profit made by selling a specific quantity of a product.