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A university student center sells 1,600 cups of coffee per day at a price of $2.40. a market survey shows that for every $0.05 reduction in price, 50 more cups of coffee will be sold. how much should the
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A university student center sells 1,600 cups of coffee per day at a price of $2.40. a market survey shows that for every $0.05 reduction in price, 50 more cups of coffee will be sold. how much should the student center charge for a cup of coffee in order to maximize revenue?

User Til
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3 votes
2.00 would be the best price to maximize revenue in the situation you gave me to answer

User Mindreader
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