10) Owners of a bike rental company that charges customers between $5 and $50 per day have determined that the number of bikes rented per day n can be modeled by the linear function n(p) = 300 - 6p, where p is the daily rental charge. How much should the company charge each customer per day to maximize revenue?

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter4: Calculating The Derivative
Section4.CR: Chapter 4 Review
Problem 87CR
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10) Owners of a bike rental company that charges customers between $5 and $50 per
day have determined that the number of bikes rented per day n can be modeled by
the linear function n(p) = 300 - 6p, where p is the daily rental charge. How much
should the company charge each customer per day to maximize revenue?
Transcribed Image Text:10) Owners of a bike rental company that charges customers between $5 and $50 per day have determined that the number of bikes rented per day n can be modeled by the linear function n(p) = 300 - 6p, where p is the daily rental charge. How much should the company charge each customer per day to maximize revenue?
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