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Task 2: Answer the following: Hamed own a local gold market that currently has (7559)(559)subscriber in Instagram at a quarterly charge of R.O. 18. He
Task 2: Answer the following: Hamed own a local gold market that currently has (7559)(559)subscriber in 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 7559 subscriber. 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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