. Calculators are sold to students for $20 each. There are 300 students willing to bu shows that for every $5 increase in price, there are 30 fewer students willing to bu will the revenue be maximized and how many calculators will be sold to maximize

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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4. Calculators are sold to students for $20 each. There are 300 students willing to buy them at this price. A survey
shows that for every $5 increase in price, there are 30 fewer students willing to buy the calculator. At what price
will the revenue be maximized and how many calculators will be sold to maximize revenue?
Transcribed Image Text:4. Calculators are sold to students for $20 each. There are 300 students willing to buy them at this price. A survey shows that for every $5 increase in price, there are 30 fewer students willing to buy the calculator. At what price will the revenue be maximized and how many calculators will be sold to maximize revenue?
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