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Business, 09.04.2020 17:05 genesis3105

The owner of a company that makes souvenir T-shirts produces them at $2 each. He sells them for $5 each and tourists have been buying them at 4000 per month. He wants to raise the price and figures that for each $1 increase in price he will sell 400 fewer shirts each month. What price should he charge for each shirt to maximize profit?

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The owner of a company that makes souvenir T-shirts produces them at $2 each. He sells them for $5 e...
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