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A florist currently sells 72000 bouquets per year at a cost of 10 dollars each. In the previous year when they raised the price to 17 dollars, they...
A florist currently sells 72000 bouquets per year at a cost of 10 dollars each. In the previous year when they raised the price to 17 dollars, they only sold 44000 bouquets that year. Assuming the amount of bouquets sold is in a linear relationship with the cost, what price should the florist charge per bouquet to maximize their revenue?