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Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $80 for a weekend. It estimates that for each $5 price increase
Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $80 for a weekend. It estimates that for each $5 price increase it will rent two fewer cars. What price should it charge to maximize its revenue? How many cars will it rent at this price?
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