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Mathematics, 23.06.2020 10:57 uuytay

1. You have a home business selling designer necklaces. You have done some market research, which shows that at a price of $40 you can sell
500 per week, and at a price of $60 you can sell 400 per week. Assuming
that the relationship between price and quantity sold is linear, find the
price that maximizes revenue. You must use methods that we developed
and practiced in the course. You will be graded not only on your answer
but on the clarity of your presentation.

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