A firm sells 100 TVs per month at $300 each, but market research indicates that it can

Question:

A firm sells 100 TVs per month at $300 each, but market research indicates that it can sell 1 more TV per month for each $2 reduction of the price. At what price will the revenue be maximized?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: