How much to charge to maximize the annual revenue


You maintain the music -oriented web site which permits subscribing customers to download audio and video clips of favorite bands. When subscription price is $16 per year, you get 30,000 subscribers. For every $1 you increase in price you expect to lose 1000 subscribers. How much must you charge to maximize the annual revenue? Determine the maximum revenue?

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Mathematics: How much to charge to maximize the annual revenue
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