At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

A club currently has 360 members who pay $350 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, an
additional 3 people will join the club. What price should the club
charge to maximize revenue? What is the maximum revenue?