Question
Hamed owns a local gold market that currently has 4693401 subscribers on Instagram at a quarterly charge of R.O. 18. He notices that if he
Hamed owns a local gold market that currently has 4693401 subscribers on Instagram at a quarterly charge of R.O. 18. He notices that if he raises the price of his commodity to R.O. (18+ 4), he will lose 8549 subscribers. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
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In this se the ttl number f Instgrm subsribers f Hmed is 4693401 t qurterly rte r hrge f R18 Nw s ...
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Fundamentals of Futures and Options Markets
Authors: John C. Hull
8th edition
978-1292155036, 1292155035, 132993341, 978-0132993340
