A retailer has been selling 1,000 computers a week at $750 each. The marketing department predicts that an additional 20 computers will be sold each week for every $5 that the price is lowered. What should the price be set (in dollars) at in order to maximize the revenue? 670
A retailer has been selling 1,000 computers a week at $750 each. The marketing department predicts that an additional 20 computers will be sold each week for every $5 that the price is lowered. What should the price be set (in dollars) at in order to maximize the revenue? 670
Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter2: Equations, Inequalities, And Problem Solving
Section2.3: Equations Involving Decimals And Problem Solving
Problem 65PS
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