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QUESTION
A carpentry shop currently sells 58500 decoy ducks per year at a cost of 7 dollars each. In the previous year when they raised the price to 14...
A carpentry shop currently sells 58500 decoy ducks per year at a cost of 7 dollars each. In the previous year when they raised the price to 14 dollars, they only sold 27000 decoy ducks that year. Assuming the amount of decoy ducks sold is in a linear relationship with the cost, what price should the carpentry shop charge per decoy duck to maximize their revenue?
