Goodlife charges its members $30 per month for a gym membership. They currently have 75 clients.
Research has shown that for every $2 increase in their membership price they will lose 3 clients. If they want to maximize their revenue, how much should Goodlife charge per membership? What will their maximized revenue be?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Goodlife charges its members $30 per month for a gym membership. They currently have 75 clients. Research has shown that for every $2 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
A bank loaned out $17,000 , part of it at the rate of 9 % per year and the rest at 17 % per year. If the interest received in one year totaled $2,000 , how much was loaned at 9 %? How much of the $17,000 did the bank loan out at 6%?
Answers (1)
What is the answer to 3 5/8 - 2 1/8 =
Answers (2)
In the figure, angle A measures 41° and angle D measures 32°. What is the measurement of angle E? 88°
Answers (1)
Find the present value PV of the given investment. (Round your answer to the nearest cent.) An investment earns 2% per year and is worth $20,000 after 20 months.
Answers (1)
Patrick is doing a card trick using a standard 52-card deck with four suits: hearts, diamonds, spades, and clubs. He shows his friend a card, replaces it, and then shows his friend another card.
Answers (2)
New Questions in Mathematics
A triangular road sign has a height of 3 feet and a base of 2.5 feet. How much larger in area is this sign than one with a height of 2.5 feet and a base of 3 feet
Answers (1)
The volume of a cylinder of radius r and height h is given by V = pi r^2 h. Then the height, in terms of the radius and volume, is given by:
Answers (1)
Negative plus positive=?
Answers (1)
What expression is equal to the expressions 4x-2 (3x-9)
Answers (1)
Brady rode his bike 70 miles in 4 hours. He rode at an average of 17 mph for t hours and at an average rate of speed of 22 mph for rest of the time.
Answers (1)