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28-03-2018
Mathematics

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What is the price of a bolt that will maximize the revenue

What is the price of a bolt that will maximize the revenue class=

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liz33312 liz33312

29-03-2018

Let x be the number of 15cents increase in price.
Revenue per month = (10,000 - 500x) × ($0.95 + $0.15x)
= $9500 + $1500x - $475x - $75x
= $9500 + $950x

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