Dave rents kayaks to customers at a large recreational lake. When he charges $25 per hour, 15 kayaks are rented. When he charges $10 per hour, 45 kayaks are rented. Assuming a linear relationship between the hourly charge and the number of kayaks rented, how much should Dave charge the guests to maximize revenue? What is the maximum revenue that can be generated?

Q: A manufacturer of a new patented product has found that he can sell 70 units a week to the customer…

A: The break even point occurs when the profit is equals to the sum of variable cost and the fixed…

Q: A company produces bags, each of which could be sold for $150. It has a fixed monthly cost of…

A:

Q: Suppose that a manufacturer has fixed daily costs of $5000 and variable costs of $80 for each item…

A:

Q: A toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each pack has a duck,…

A: It is given that1. toy company produces bath tub toys for $8 per pack of duck, frog and turtle (each…

Q: Sasha bought a car for $32,875. Seven years later, the car was worth $22,095. If the depreciation…

A: As you didn't mention the question number. So i just solved the first question.

Q: A car rental agency rents 200 cars per day at a rate of $30 per day. For each $1 increase in rate, 5…

A:

Q: A cell phone factory has a total production cost where the fixed costs are $10,000 and the cost of…

A: Let x be the number of phones manufactured.

Q: Ezra has a base salary of $25,000 and earns 65% commission on vacuum cleaners. This means that for…

A: Base salary of Ezra, B=$25,000 Target Amount T=$35,000 Commission that Ezra need to earn if he want…

Q: You are a master brewer working for the UTM Brewing company. You have 400 kilograms of hops that you…

A:

Q: A fitness club charges a $50 membership price per month. At this price, the club can attract 504…

A: Suppose p be the price and x be the number of member's. The Px,p=504,50 and Qx,p=528,48 Now use the…

Q: A beautician charges $45 per haircut. She also determines that overhead not associated with number…

A: Given : Cherges per haircut is $45. And overhead expenses are $100 per week.   To find : Profit…

Q: Q3. A person’s credit score is important in determining the interest rate they have to pay on a home…

A: The compound interest is given by, C=P1+I100N-P Here, P=$100,000         N=30         C=$90,325 To…

Q: A car rental agency can rent every one of its 200 cars at $30 per day. For each $1 increase in rate,…

A: Let x be the additional dollar of rent per day. Thus, the fall in the amount of cars rented is 5x.…