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 8549subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.6: Exponential And Logarithmic Equations
Problem 68E
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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 8549subscriber. 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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