How to determine maximum revenue using the equation, Mathematics

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How to determine maximum revenue using the equation

The textbook sells 6000 copies when priced at $60 a copy. For every $2 price is increased, 100 less copies are sold and every $2 price is lowered, 100 more copies are sold. Use the equation to find maximum revenue.

Y= (-0.02)x + 180

with Y being the price and X being number of copies sold? how to determine maximum revenue?

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Mathematics: How to determine maximum revenue using the equation

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Mathematics: How to determine maximum revenue using the equation

Reference No:- TGS0858055

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Recent Questions Asked Mathematics

Q : Determine how long does it take to make one revolution

Q : Correct decision about the null hypothesis

Q : Woman dives and tried to lift the rock based problem

Q : Determine the pressure applied on the floor by each leg

Q : How to determine maximum revenue using the equation

Q : Determine the most likely compound to outcome process

Q : Supposes that the population is approximately normally

Q : Determine how much work is needed to eject a positive sodium

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Ask an Expert for Answer!!

Mathematics: How to determine maximum revenue using the equation

Reference No:- TGS0858055

Recent Questions Asked Mathematics

Q : Determine how long does it take to make one revolution

Q : Correct decision about the null hypothesis

Q : Woman dives and tried to lift the rock based problem

Q : Determine the pressure applied on the floor by each leg

Q : How to determine maximum revenue using the equation

Q : Determine the most likely compound to outcome process

Q : Supposes that the population is approximately normally

Q : Determine how much work is needed to eject a positive sodium

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