Question 1167958: A monthly teen magazine has $20,000 subscribers when it charges $12 per annual subscription. For each $1 increase in price, the magazine loses about 1000 subscribers. Our goal is to find how we can maximize the annual revenue.
a. How much will the revenue be when it charges $12?
b. How much will the revenue be when it charges $13?
c. How much will the revenue be when it charges $16?
d. Let c be the price increase (the number of $ by which it increases) and R(x) the annual revenue.
i. Write down the new price after an increase of x dollars
ii. Write down the new number of subscribers after an increase of x dollars
iii. Write down the R(x) in the intercept form
e. Identify the two zeros and find the average
f. How much should the magazine charge to maximize annual revenue?
g. What is the maximum annual revenue?
Answer by ikleyn(52778)   (Show Source):
You can put this solution on YOUR website! .
I read your post and can not believe to my eyes.
Please tell me, is is true that you count the number of subscribers in dollars ?
Would I be a student in the class, where the teacher gives such assignments to students,
my only wish would be to run (to escape) from there as soon as possible and at the first possibility.
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