A car rental agency rents 480 cars per day at a rate of $40 per day. For each $1 increase in rate, 10 fewer cars are rented. At what rate should the cars be rented to produce the maximum income? What is the maximum income? The rental agency will earn a maximum income of $440 when it charges $ 44 per day.
A car rental agency rents 480 cars per day at a rate of $40 per day. For each $1 increase in rate, 10 fewer cars are rented. At what rate should the cars be rented to produce the maximum income? What is the maximum income? The rental agency will earn a maximum income of $440 when it charges $ 44 per day.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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![A car rental agency rents 480 cars per day at a rate of $40 per day. For each $1 increase in rate, 10 fewer cars are rented. At what rate should the cars be rented to produce the
maximum income? What is the maximum income?
The rental agency will earn a maximum income of $440 when it charges $ 44 per day.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd0da96c8-88fb-4060-9c8f-8eb7424a08a4%2Fcab0ce73-8c0a-42d3-a592-308c40f40573%2Fr6oau3l.png&w=3840&q=75)
Transcribed Image Text:A car rental agency rents 480 cars per day at a rate of $40 per day. For each $1 increase in rate, 10 fewer cars are rented. At what rate should the cars be rented to produce the
maximum income? What is the maximum income?
The rental agency will earn a maximum income of $440 when it charges $ 44 per day.
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