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Mathematics 18 Online
OpenStudy (anonymous):

Mario sells shell necklaces on the beach. Last season he first priced the necklaces at 10$ and sold 20 per day. When he increased the price by 1$ he sold two fewer necklaces per day. a)Assuming the relationship between price and number of necklaces sold is linear find the demand function. b) Find the price he should charge in order to maximize his total revenue

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