Find the best price to maximize the revenue

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Reference no: EM131385589

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.

Reference no: EM131385589

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