Question
Asked Nov 27, 2019
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A bike rental company charges its customers p dollars per day to rent a bike, where 5≤p≤25. The number of bikes rented per day can be modeled by the linear function n(p)=350−14p. How much should the company charge each customer per day to maximize revenue?

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Step 1

The given linear function given and the revenue fu...

п(р) - 350-14р
Revenue, R =pxn(p)
3Dрx(350-14р)
— 350р - 14р?
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п(р) - 350-14р Revenue, R =pxn(p) 3Dрx(350-14р) — 350р - 14р?

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