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A 50 room hotel can rent every one of its rooms at $40 per room. For each $5 increase, 1 fewer rooms are rented. Use
A 50 room hotel can rent every one of its rooms at $40 per room. For each $5 increase, 1 fewer rooms are rented. Use an equation to determine how much should the hotel charge for each room to maximize its daily revenue? The rent that maximizes the daily revenue is $
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