Owners of a rental car company have determined that if they charge customers x dollars per day to rent a car, where 50 < x< 200, the number of cars n they rent per day can be modeled by the linear function n(x) = 1000 – 5x. If they charge $50 per day or less, they will rent all their cars. If they charge $200 per day or more, they will not rent any cars. Assuming the owners plan to charge customers between $50 per day and $200 per day to rent a car, how much should they charge to maximize their revenue? %3D

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter2: Working With Real Numbers
Section2.3: Rules For Addition
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Owners of a rental car company have determined that if they charge customers x
dollars per day to rent a car, where 50 <x< 200, the number of cars n they rent
per day can be modeled by the linear function n(x) = 1000 – 5x. If they charge
$50 per day or less, they will rent all their cars. If they charge $200 per day or
more, they will not rent any cars. Assuming the owners plan to charge customers
between $50 per day and $200 per day to rent a car, how much should they charge
to maximize their revenue?
Transcribed Image Text:Owners of a rental car company have determined that if they charge customers x dollars per day to rent a car, where 50 <x< 200, the number of cars n they rent per day can be modeled by the linear function n(x) = 1000 – 5x. If they charge $50 per day or less, they will rent all their cars. If they charge $200 per day or more, they will not rent any cars. Assuming the owners plan to charge customers between $50 per day and $200 per day to rent a car, how much should they charge to maximize their revenue?
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