Ask your own question, for FREE!
Mathematics 13 Online
OpenStudy (anonymous):

A vendor can sell 400 souvenirs per day at a price of $2.00 each. Each increase of 30¢ in price decreases the number of sales by 50 per day. Souvenirs cost the vendor $1.20 each. What price should be charged to maximize profit?

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!