Question:

# A store sells portable MP3 players for $100 each and, at

Last updated: 8/9/2022

A store sells portable MP3 players for $100 each and, at this price, sells 120 MP3 players every month. The owner of the store wishes to increase his profit, and he estimates that, for every $2 increase in the price of MP3 players, one less MP3 player will be sold each month. If each MP3 player costs the store $70, at what price should the store sell the MP3 players to maximize profit?