Mathematics, 22.04.2021 20:30 Arththika2002
A bi-monthly sports magazine has 48,000 subscribers when it charges $20 for a one year subscription. For every $1 increase in the yearly subscription price, the magazine assumes that it will lose 2,000 subscribers resulting in the equation below. Using the equation below, how much should the magazine sell for in order to maximize revenues? f (x) = (48,000 – 2,000x) (20 + x)
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