Mathematics, 29.07.2020 21:01 vjacksongonzalez

You are in business and have a product that sells for $10 that 1000 people buy each month. You want to make a profit and wonder whether you should raise the price in increments of a dollar. For each dollar you raise the price, you lose 100 customers. How many dollars can you go up to maximize your profit, or should you go up at all?

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