Michelle and Robert constructed a wooden bridge for ATVs over a deep creek on the edge of their property. To recuperate the cost of the materials, they decided to charge an annual toll of $8 to each of the 120 members of a local club. A survey showed that for every $1 the toll is increased, 4 members wouldn't use the bridge anymore. What is the best toll charge to allow them to recuperate the cost of the materials the fastest?
Michelle and Robert constructed a wooden bridge for ATVs over a deep creek on the edge of their property. To recuperate the cost of the materials, they decided to charge an annual toll of $8 to each of the 120 members of a local club. A survey showed that for every $1 the toll is increased, 4 members wouldn't use the bridge anymore. What is the best toll charge to allow them to recuperate the cost of the materials the fastest?
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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