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Name: When Megastore sells jumbo packages of toilet paper for $20 each, thei
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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

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter8: Introduction To Functions

Section8.10: Inverse Variation

Problem 6ST

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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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