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Name: Hamed own a local gold market that currently has 8549x549 subscriber i
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Description: Hamed own a local gold market that currently has 8549x549 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 ar

Elementary Geometry For College Students, 7e

7th Edition

ISBN:9781337614085

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

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

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Hamed own a local gold market that currently has 8549x549 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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