What price should lamps be sold at to maximize profit

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Reference no: EM13201971

A manufacturer sells lamps at six dollars each and sells 3000 each month. for each one dollar that the price is increased, 1000 fewer lamps are sold each month. It costs 3 dollars to make one lamp.

What price should lamps be sold at to maximize profit?

Reference no: EM13201971

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What price should lamps be sold at to maximize profit : What price should lamps be sold at to maximize profit?

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