A firm sells 100 TVs per month at $300 each, but market research indicates that it can
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A firm sells 100 TVs per month at $300 each, but market research indicates that it can sell 1 more TV per month for each $2 reduction of the price. At what price will the revenue be maximized?
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Related Book For
Mathematical Applications For The Management, Life And Social Sciences
ISBN: 9781337625340
12th Edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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