Question
Hamed own a local gold market that currently has subscriber in Instagram at a quarterly charge of R.O . He notices that if he raises
Hamed own a local gold market that currently has subscriber in Instagram at a quarterly charge of R.O . He notices that if he raises the price of his commodity to R.O. ( + 4), he will lose subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
(((((((NOTE My ID NuM is : 20F20223))))) Note that is last four-digit number, is last three-digit number and is first two-digit number (before English alphabet letter) from your MEC ID.
(((((((NOTE My ID NuM is : 20F20223))))))
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started