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19. A small car rental agency can rent every one of its 70 cars for $27 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?

19. A small car rental agency can rent every one of its 70 cars for $27 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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namr 19. A small car rental agency can rent every one of its 70 cars for $27 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?
Transcribed Image Text:namr 19. A small car rental agency can rent every one of its 70 cars for $27 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?
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