Hamed own a local gold market that currently has 4693401 subscriber in 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 subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
Hamed own a local gold market that currently has 4693401 subscriber in 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 subscriber. Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a quarterly subscription to maximize his revenue?
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 7ECP
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Hamed own a local gold market that currently has 4693401 subscriber in 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 subscriber.
Assuming that subscriptions are linearly related to the price, what price should Hamed charge for a
quarterly subscription to maximize his revenue?
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