A company finds that if they price their product at $ 40, they can sell 372 items of it. For every dollar increase in the price,

Question

A company finds that if they price their product at $ 40, they can sell 372 items of it.
For every dollar increase in the price, the number of items sold will decrease by 6.
What is the maximum revenue possible in this situation?
A dollars.
What price will guarantee the maximum revenue?

Kunduz · Accepted Answer

Click to see the answer