A community bird watching society makes and sells bird feeders to raise money for their activities. The materials for each feeder costs $25, and they sell an average of 20 feeders each week, for a price of $40 each. Market research in the society suggests that for each price reduction of $10, an additional 5 feeders will be sold. Conversely, for each price increase of $10, 5 fewer feeders will be sold.
Without using calculus, find the price per feeder, to the nearest dollar, that the society should charge in order to maximize the profit to the society.
This is the question but I am just completely lost. Any help will be greatly appreciated!
Thanks guys!
