Hamed owns a local gold market that currently has 4693401 subscribers on Instagram at a quarterly charge of R.O. 18. He notices that if he raises the price of his commodity to R.O. (18+ 4), he will lose 8549 subscribers. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?

Answer rating: 100% (QA)

In this se the ttl number f Instgrm subsribers f Hmed is 4693401 t qurterly rte r hrge f R18 Nw s ... View the full answer