document.write( "Question 1135477: A video rental service has 1100 subscribers, each of whom pays $12 per month. On the basis of a survey, the company believes that for each decrease of $0.20 in the monthly rate, it could obtain 50 additional subscribers. At what rate will the maximum revenue be obtained, and how many subscribers will there be at that rate? \n" ); document.write( "
Algebra.Com's Answer #753081 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x=number of -$0.20 per +50 more subscribers \n" ); document.write( "(1100+50x)(12-0.20x) has to be maximized. This is 13200+380x-10x^2 and the vertex x value is at -b/2a or 380/20 or 19 \n" ); document.write( "This would be 19*50 more subscribers or 2050 total \n" ); document.write( "They would each pay $3.80 less or $8.20 per month \n" ); document.write( "The revenue would be $16810 a month. \n" ); document.write( " |