SOLUTION: Gold's Gym charges $300 per year for new members to join, they get 1000 members. The gym can expect to lose about 5 members for the $2.00 increase in price. How much should the gy
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-> SOLUTION: Gold's Gym charges $300 per year for new members to join, they get 1000 members. The gym can expect to lose about 5 members for the $2.00 increase in price. How much should the gy
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Question 894786: Gold's Gym charges $300 per year for new members to join, they get 1000 members. The gym can expect to lose about 5 members for the $2.00 increase in price. How much should the gym charge to maximize its revenue? What is Gold's Gym maximum revenue?''. What is the quadratic equation that you would suggest using for this problem? Would this word problem fit in either of this equations? ax^2 +bx +c=0 or ( ) ( )=0 explain why or why not.