Ask Question
27 August, 17:33

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?

+2
Answers (1)
  1. 27 August, 18:40
    0
    They should charge $40 per membership, and they will make a maximum revenue of $2400
Know the Answer?
Not Sure About the Answer?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers