Rent-A-Reck Incorporated finds that it can rent 80 cars if it charges $60 for a weekend. It estimates that for each $5 price increase it will rent two fewer cars. What price should it charge to maximize its revenue?

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter5: Polynomial And Rational Functions
Section5.1: Quardratic Functions
Problem 75SE: A farmer finds that if she plants 75 trees per acre,each tree will yield 20 bushels of fruit. She...
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Rent-A-Reck Incorporated finds that it can rent 80 cars if it charges $60 for a weekend. It estimates that for each $5 price increase it will rent two fewer cars. What price should it charge to maximize its revenue?

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