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( b ) A souvenir store can obtain a particular souvenir water bottle from a custom merchandise company at a unit cost of RM 5
b A souvenir store can obtain a particular souvenir water bottle from a custom merchandise company at a unit cost of RM Currently, the store sells the water bottles at a price of RM per unit and has been selling units a month at this price. The store plans to lower its price to boost sales and estimates that for each RM reduction in the price, an additional water bottles will be sold each month. At what price should the souvenir store sell the water bottles to generate the greatest possible profit?
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