6000 bottles of water are sold when the price is 3 per, Ask an Expert

Economics

6000 bottles of water are sold when the price is $3 per bottle. when the prices is $4 per bottle, 5500 are sold.

a) find the linear price equation where the price is p(x) and x represents bottles of water. set up table of (x,y) values showing your work.

b) find the best price to maximize the revenue.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M92195411

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