Owners of a bike rental company that charges customers between $3 and $20 per day have determined that the number of bikes rented per day n can be modeled by the linear function n(p)3D100-5p, where p is the daily rental charge. How much should the company charge each customer per day to maximize revenue?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.6: Solving Quadratic Equations By Using The Quadratic Formula
Problem 64PFA
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Owners of a bike rental company that charges customers between $3 and $20 per day
have determined that the number of bikes rented per day n can be modeled by the
linear function n(p)=D100-5p, where p is the daily rental charge. How much should the
company charge each customer per day to maximize revenue?
Transcribed Image Text:Owners of a bike rental company that charges customers between $3 and $20 per day have determined that the number of bikes rented per day n can be modeled by the linear function n(p)=D100-5p, where p is the daily rental charge. How much should the company charge each customer per day to maximize revenue?
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