Ask Question
18 July, 17:15

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?

+5
Answers (1)
  1. 18 July, 17:26
    0
    They should charge $40 per membership, and they will make a maximum revenue of $2400
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 you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers