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October 25, 2014

Homework Help: pre calc

Posted by Kate on Monday, January 21, 2008 at 11:59am.

The publisher of a magazine that has a circulation of 80,000 and sells for 1.6 a copy decides to raise the price due to distribution costs. By surveying the readers the publisher finds that the magazine will lose 10,000 readers for every .4 increase in price. What price per copy maximizes the income?

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