Acompany can sell 2000 magazine subscriptions at $40 each. for each $5 increase in the price, it will sell 200 fewer subscriptions. what subscription price will provide the maximum revenue for the company? $55 $40 $45 $50

ANSWER

The subscription price of $45 provides the maximum revenue for the company

EXPLANATION

When the price is $, the company sells quantities.

The total revenue accrued

When the price increases to $ the quantity sold will decrease by 200 magazines which is

The total revenue accrued

dollars

When the price increases to $ the quantity sold will decrease by 200 magazines again which is

The total revenue accrued

dollars

When the price increases to $ the quantity sold will decrease by 200 magazines which is

The total revenue accrued

dollars

Hence a subscription price of $45 provides the maximum revenue for the company.

7 weeks

step-by-step explanation:

convert each fraction to the least common multiple of 20, so 3/4 = 15/20 & 1/10 = 2/20, then divide 15 by 2 and you get a little over 7, so the food will last 7 weeks.