Hamed own a local gold market that currently has 4693401 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 8549 subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
Hamed own a local gold market that currently has 4693401 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 8549 subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
Elementary Algebra
17th Edition
ISBN:9780998625713
Author:Lynn Marecek, MaryAnne Anthony-Smith
Publisher:Lynn Marecek, MaryAnne Anthony-Smith
Chapter10: Quadratic Equations
Section10.5: Graphing Quadratic Equations
Problem 211E: For the revenue model in Exercise 10.205 and Exercise 10.209, explain what the x-intercepts mean to...
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Hamed own a local gold market that currently has 4693401 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 8549 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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