kozmanjohnny82 kozmanjohnny82

15-01-2023
Mathematics

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14. Ryan owns a small music store. He currently charges $10 for each CD. At this price, he sells about 80 CDs a week. Experience has taught him that a $1 increase in the price of a CD means a drop of about five CDs per week in sales. At what price should Ryan sell his CDs to maximize his revenue?

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