Catherine de Medici wants to purchase some of your nitre stockpile. Her initial proposal is to buy 5.5 tonnes at a price of 10 livre tournois. Your spies have determined that for every 0.2 livre reduction in price that she would purchase 0.3 more tonnes of nitre. How much should you charge in order to maximize the revenue of this sale?

Catherine de Medici wants to purchase some of your nitre stockpile. Her initial proposal is to buy 5.5 tonnes at a price of 10 livre tournois. Your spies have determined that for every 0.2 livre reduction in price that she would purchase 0.3 more tonnes of nitre. How much should you charge in order to maximize the revenue of this sale?

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Description: How much should you charge in order to maximize the revenue of this sale? Catherine de Medici wants to purchase some of your nitre stockpile. Her initial proposalis to buy 5.5 tonnes at a price of 10 livre tournois. Your spies have determined that fo

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

ChapterP: Prerequisites

SectionP.6: The Rectangular Coordinate System And Graphs

Problem 7ECP

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How much should you charge in order to maximize the revenue of this sale?

Catherine de Medici wants to purchase some of your nitre stockpile. Her initial proposal
is to buy 5.5 tonnes at a price of 10 livre tournois. Your spies have determined that for every 0.2
livre reduction in price that she would purchase 0.3 more tonnes of nitre. How much should you
charge in order to maximize the revenue of this sale?

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