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Really hard math problem!
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During the summer months, Terry makes and sells necklaces on the beach. Last summer, he sold the necklaces for $10 each and his sales averaged 20 per day. He also found that for each $1 increase in price sales drop by two per day. If the material for each necklace costs Terry $6, what should the selling price be to maximize his profit?
Anyone?
You know calculus?
Yes, but I do not know how to do this problem because I got it wrong
Help please?
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