A cable TV company has 4000 customers paying $110 each month. If each $1 reduction in price

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A cable TV company has 4000 customers paying $110 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. Find the maximum revenue.

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Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Question Posted: Feb 09, 2018 06:52 AM

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A cable TV company has 4000 customers paying $110 each month. If each $1 reduction in price

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Let x new customers Rx 400050x110x 440000 1500x 50 x ...View the full answer

Mathematical Applications for the Management Life and Social Sciences

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