A certain toll road averages 144,000 cars per day when charging $1 per car. A survey concluded that increasing the toll will result in 900 fewer cars for each cent of toll increase. What toll should be charged in order to maximize the revenue?
A certain toll road averages 144,000 cars per day when charging $1 per car. A survey concluded that increasing the toll will result in 900 fewer cars for each cent of toll increase. What toll should be charged in order to maximize the revenue?
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 7ECP
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A certain toll road averages 144,000 cars per day when charging $1 per car. A survey concluded that increasing the toll will result in 900 fewer cars for each cent of toll increase. What toll should be charged in order to maximize the revenue?
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