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5 votes
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?

1 Answer

4 votes
They should charge $40 per membership, and they will make a maximum revenue of $2400
User Bronts
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