Question
A car wash reduced the price of a basic wash as a promotion and test of the market. With the price at $8 the average
A car wash reduced the price of a basic wash as a promotion and test of the market. With the price at $8 the average monthly sales has been 27000. When the price dropped to $6, the average monthly sales rose to 32000. Assume that monthly sales is linearly related to the price.
What car wash price would maximize revenue? $
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Algebra (subscription)
Authors: Elayn Martin Gay
5th Edition
0134179137, 9780134179131
