Car rental prices have decrease since their peak. Based on the charts below, which two cities appear to have the biggest decrease in car rental prices from their peak rental price? City with biggest dollar decrease___________________ City with second biggest dollar decrease___________________ Calculate the percent decrease for each of the cities you’ve identified above:

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter2: Functions
Section2.4: Average Rate Of Change Of A Function
Problem 1E
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Car rental prices have decrease since their peak. Based on the charts below, which two cities appear to have the biggest decrease in car rental prices from their peak rental price?





 
 

City with biggest dollar decrease___________________

 

City with second biggest dollar decrease___________________

 

Calculate the percent decrease for each of the cities you’ve identified above:

 

City with biggest percent decrease___________________

 

City with second biggest percent decrease___________________

The cost of car rentals has fallen in cities across the country
Average daily rate
Chicago
Denver
Honolulu
Peak: $204
June 23
Dallas
Peak: $151
July 21
Memorial Day Laor Day
Peak: $167
May 15
Peak: $141
July 01
Memorial Dhy
Labor Day
Memorial Day
Labor Day
Memorial DaAKbor Day
$150
$150
$150
$150
$128
$100
$100
$100
$100
$102
$76
$50
in
$50
$50
$50
$64
7-day avg.
7-day avg.
7-day avg
day avg
Jan.
June
Sep.
Jan.
June
Sep.
Jan.
June
Sep.
Jan.
June
Sep.
Peak: $192
San FranciscO Peak: $165
June 18
Seattle
Miami
New York
Peak: $132
May 15
Peak: $170
July 01
Labor Day
July 01
Memorial Dy
Labor Day
Memorial Day
Memorial Day Labor Day
Memorial Day
por Day
$150
$150
$150
$150
$100
$100
$100
$100
$94
$89
$87
$50
7-day avg
$50
$50
$50
$37
7-day avg.
7-day avg.
7-day avg.
Jan.
June
Sep.
Jan.
June
Sep.
Jan.
June
Sep.
Jan.
June
Sep.
Note: Excludes taxes, fees and insurance. Source: Hopper
Transcribed Image Text:The cost of car rentals has fallen in cities across the country Average daily rate Chicago Denver Honolulu Peak: $204 June 23 Dallas Peak: $151 July 21 Memorial Day Laor Day Peak: $167 May 15 Peak: $141 July 01 Memorial Dhy Labor Day Memorial Day Labor Day Memorial DaAKbor Day $150 $150 $150 $150 $128 $100 $100 $100 $100 $102 $76 $50 in $50 $50 $50 $64 7-day avg. 7-day avg. 7-day avg day avg Jan. June Sep. Jan. June Sep. Jan. June Sep. Jan. June Sep. Peak: $192 San FranciscO Peak: $165 June 18 Seattle Miami New York Peak: $132 May 15 Peak: $170 July 01 Labor Day July 01 Memorial Dy Labor Day Memorial Day Memorial Day Labor Day Memorial Day por Day $150 $150 $150 $150 $100 $100 $100 $100 $94 $89 $87 $50 7-day avg $50 $50 $50 $37 7-day avg. 7-day avg. 7-day avg. Jan. June Sep. Jan. June Sep. Jan. June Sep. Jan. June Sep. Note: Excludes taxes, fees and insurance. Source: Hopper
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