GoodLife charges it’s members $30 per month for a gym membership. They currently have 75 clients. Research has shown that for every $2 increase in their membership price they will lose 3 clients. If they want to maximize their revenue, how much should GoodLife charge per membership? What will their maximized revenue be? (Include Let Statements in your solution)

Shortly after the clock struck midnight on New Year’s Day of 2018, Josh Kline closed his eyes and vowed a resolution: He’d sign up for a gym. He’d go every day. He’d lose the paunch and reclaim his former glory.

Yes, he was 6 beers deep and full of carne asada. But dammit, things were different this year: He was going to do it!

A few days, and a few inspirational Instagram posts, later, the 32-year-old New Jerseyan found himself at a local big-name gym, inking a $650 annual contract. Sans the hidden fees, that worked out to a little under $50 per month — a steal, he figured, for 365 days of value.

But by early February, his commitment began to wane. “Every day” became every other day; every other day slipped to twice per week… once per week… zero times per week. At year’s end, his attendance tally

4400

step-by-step explanation: