A movie rental company has 1000 subscribers, and each pays $15 per month. On the basis of a survey, company managers feel that for each decrease of $0.25 on the monthly rate, they could obtain 20 additional subscribers. At what rate will maximum revenue be obtained and how many subscribers will it take at that rate?

A movie rental company has 1000 subscribers, and each pays $15 per month. On the basis of a survey, company managers feel that for each decrease of $0.25 on the monthly rate, they could obtain 20 additional subscribers. At what rate will maximum revenue be obtained and how many subscribers will it take at that rate?

College Algebra

1st Edition

ISBN:9781938168383

Author:Jay Abramson

Publisher:Jay Abramson

Chapter7: Systems Of Equations And Inequalities

Section7.2: Systems Of Linear Equations: Three Variables

Problem 61SE: Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one...

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