A certain toll road averages 238,000 cars per day when charging $1 per car. A survey concluded that increasing the toll will result in 700 fewer cars for each cent of toll increase. What toll should be charged in order to maximize the revenue?

Elementary Geometry For College Students, 7e
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ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.4: Cicumference And Area Of A Cicle
Problem 46E: A tabletop is semicircular when its three congruent drop-leaves are used. By how much has the tables...
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A certain toll road averages 238,000 cars per day when charging $1 per car. A survey concluded that increasing the toll will result in 700 fewer cars for each cent of toll increase. What toll should be charged in order to maximize the revenue?

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