document.write( "Question 1060581: Jack & Jill charge $20 for a custom painted water pail. They currently sell 80 water pails a month. They estimate that for each $1 decrease in the cost of the pails, they could sell 15 more pails a month. What price will maximize Jack & Jill's income? If they charges this price, how much income should they expect? \n" ); document.write( "

Algebra.Com's Answer #675510 by MathTherapy(10551) $\"\"$ $\"About$

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\n" ); document.write( "Jack & Jill charge $20 for a custom painted water pail. They currently sell 80 water pails a month. They estimate that for each $1 decrease in the cost of the pails, they could sell 15 more pails a month. What price will maximize Jack & Jill's income? If they charges this price, how much income should they expect?
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 for a reduction of $7.33, or a reduced price of  will maximize their income.
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document.write( "At a reduced price of $12.67, MAXIMUM income is: 
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document.write( "Let no-one tell you otherwise!! \n" );
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