A motel finds it can rent 230 rooms when the room rate is $45 per day. For each $1 increase in the rate, two fewer rooms are rented. Find the room rate that maximizes daily revenue. The rate that maximizes revenue is $

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
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A motel finds it can rent 230 rooms when the room rate is $45 per day. For each $1 increase in the rate, two
fewer rooms are rented. Find the room rate that maximizes daily revenue.
The rate that maximizes revenue is $
*.
Transcribed Image Text:A motel finds it can rent 230 rooms when the room rate is $45 per day. For each $1 increase in the rate, two fewer rooms are rented. Find the room rate that maximizes daily revenue. The rate that maximizes revenue is $ *.
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