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Description: When Megastore sells jumbo packages of toilet paper for $20 each, their sales are 5600 packages per day. If they increase the price by $1, their sales decrease by 100 sales per day. Assuming that the demand for the jumbo packages depends linearly on

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

Author:Alexander, Daniel C.; Koeberlein, Geralyn M.

Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.

Chapter8: Areas Of Polygons And Circles

Section8.5: More Area Relationships In The Circle

Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...

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When Megastore sells jumbo packages of toilet paper for $20 each, their sales are 5600 packages per day. If they increase the price by $1, their sales decrease by 100 sales per day. Assuming that the demand for the jumbo packages depends linearly on the price, what price gives Megastore the maximum revenue? Round your answer to the nearest cent, if necessary.

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