When Joes Cluib charges 90 for anual dues he has 100 members

When Joe\'s Cluib charges $90 for anual dues, he has 100 members. For every $1 Joe reduces the annual dues, his club gains two members. Use an equation to determine he price Sanchez should charge to maximize his revenue from annual dues 4-2x Sikeich the graph of ga-+8

Solution

Revenue= Price * quantity

Price,P(x)=90-x

Quatity, Q(x)= 100+2x

R(x)=(90-x)(100+2x) =-2x2+80x+9000

Revenue is maximum at the vertex

x=-b/2a=-80/2(-2) =20

 When Joe\'s Cluib charges $90 for anual dues, he has 100 members. For every $1 Joe reduces the annual dues, his club gains two members. Use an equation to dete

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