Question
20. A small car rental agency can rent every one of its 62 cars for $25 per day. For each $1 increase in daily
20. A small car rental agency can rent every one of its 62 cars for $25 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?
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College Mathematics for Business Economics Life Sciences and Social Sciences
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
12th edition
321614003, 978-0321614001
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