Business, 09.09.2020 23:01 theman300045

The marketing department of a local shoe company found that approximately 600 pairs of running shoes are sold monthly when the price of each pair is $90. It was also observed that, for each $1 reduction in price, an additional 20 pairs of running shoes are sold monthly. What price should the shoe store charge for a pair of running shoes in order to maximize revenue?

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