Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Khalid charges $10 for a one-year subscription to his online newsletter. Khalid currently has 600 subscribers and he estimates that for each $1 decrease in the subscription price, he would gain 100 new subscribers. What subscription price will maximize Khalid’s 2. income? If he charges this price, how much income should Khalid expect?

Could you try doing it by writing a quadratic equation? Thanks:)