Multiple Choice
The owner of a novelty store can obtain joy buzzers from the manufacturer for 50 cents apiece.He estimates he can sell 60 buzzers when he charges $1.00 apiece for them and that he will be able to sell 10 more buzzers for every 8 cent decrease in price.What price should he charge in order to maximize profit?
A) $0.79
B) $0.89
C) $1.09
D) $0.99
Correct Answer:
Verified
Correct Answer:
Verified
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