A cable company has 5000 paying customers when it bills $20/month. If it figures to lose 400 customers for every $3 increase in price, how many customers will it need to maximize monthly revenue?

Intermediate Algebra
10th Edition
ISBN:9781285195728
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Exponential And Logarithmic Functions
Section11.CR: Review Problem Set
Problem 64CR
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please provide work, not a table or diagram thank you!

A cable company has 5000 paying customers when it bills $20/month. If it figures to lose 400
customers for every $3 increase in price, how many customers will it need to maximize monthly
revenue?
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Transcribed Image Text:A cable company has 5000 paying customers when it bills $20/month. If it figures to lose 400 customers for every $3 increase in price, how many customers will it need to maximize monthly revenue? Attach File Browse Local Files Browse Content Collection
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