SOLUTION: An ice cream company finds that at a price of $4.00 demand is 4200 units. For every $0.40 decrease in price, demand increases by 240 units. Find the price and quantity sold that ma
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Question 1104107: An ice cream company finds that at a price of $4.00 demand is 4200 units. For every $0.40 decrease in price, demand increases by 240 units. Find the price and quantity sold that maximizes revenue.
Found 2 solutions by richwmiller, josgarithmetic:
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
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Answer by josgarithmetic(39618) (Show Source): You can put this solution on YOUR website!
The problem works the same way as this one :
https://www.algebra.com/algebra/homework/equations/Equations.faq.question.1104103.html
https://www.algebra.com/algebra/homework/equations/Equations.faq.question.1104103.html
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