rexmatt1338 rexmatt1338

26-04-2024
Business

Answered

When a management training company prices its seminar on management techniques at $400 per person, 1000 people will attend the seminar. The company estimates that for each $5 reduction in the price, an additional 20 people will attend the seminar.

a) What is the revenue function that would represent that reduction in price?

Answer :

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