Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $80 for a weekend. It estimates that for each $5 price increase it will rent two fewer cars. What price should it charge to maximize its revenue?   How many cars will it rent at this price?

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter1: Expressions And Functions
Section1.8: Interpreting Graphs Of Functions
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Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $80 for a weekend. It estimates that for each $5 price increase it will rent two fewer cars. What price should it charge to maximize its revenue?

 

How many cars will it rent at this price?

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