A cable TV company has 5600 customers paying $130 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. $ Find the maximum revenue. $4

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 4BGP
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A cable TV company has 5600 customers paying $130 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue.
Find the maximum revenue.
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Transcribed Image Text:A cable TV company has 5600 customers paying $130 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. Find the maximum revenue. %24 %24
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