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AJ sells photographs for $10 each and usually sells 30 each day at the mall. He finds that, for each $0.50 reduction in price, he
AJ sells photographs for $10 each and usually sells 30 each day at the mall.
He finds that, for each $0.50 reduction in price, he can sell an additional two photographs. [6 marks]
a) State the maximum revenue.
b) How much should AJ charge in order to maximize revenue?
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