Question
A company finds that if they price their product at $ 70, they can sell 460 items of it. For every dollar increase in the
A company finds that if they price their product at $ 70, they can sell 460 items of it. For every dollar increase in the price, the number of items sold will decrease by 5.
What is the maximum revenue possible in this situation? (Do not use commas when entering the answer) $
What price will guarantee the maximum revenue? $
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Matlab With Applications To Mathematics, Science, Engineering, And Finance
Authors: Jose Miguel David Baez Lopez, David Alfredo Baez Villegas
1st Edition
1351856162, 9781351856164
