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a club currently has 300 members who pay $400 per month for membership dues. The club's board members want to increase monthly Revenue by lowering...

a club currently has 300 members who pay $400 per month for membership dues. The club's board members want to increase monthly Revenue by lowering the monthly dues in hopes of attracting new members. A market research study has shown that for each $1 decrease in the monthly membership price, and additional two people will join the club. What price should the club charge to maximize Revenue? What is the maximum Revenue?

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