A company has 1000 widgets and will bbe able to sell all of them if the price is one dollar. The company will sell one less widget for each 10-cent increase in the price it charges. What price will maximize revenues, where revenue is the selling price times the quantity sold?(adsbygoogle = window.adsbygoogle || []).push({});

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I know that I have to make a system of equations, and then multiply the equations I get for price and quantity together, all under one variable. I take the derivative of that equation and find the maximum value...

However, I do not know how to start my equations which is, unfortunately, the hard part.

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# Maximizing revenue

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