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Name: Hamed own a local gold market that currently has 1159129 subscriber in
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Description: Hamed own a local gold market that currently has 1159129 subscriber in Instagram at a quarterly charge of R.O. 19. He notices that if he raises the price of his commodity to R.O. (19 + 4), he will lose 9127 subscriber. Assuming that subscriptions are

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter8: Functions

Section8.CT: Test

Problem 19CT

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Hamed own a local gold market that currently has 1159129 subscriber in Instagram at a quarterly charge of R.O. 19. He notices that if he raises the price of his commodity to R.O. (19 + 4), he will lose 9127 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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