Miss Arlene's Digital World rents out DVDS. The manager observed that the weekly total number of rentals varies directly with the total inventory and varies inversely with the cost of each rental. Last week's total rental is 300 DVDS when its inventory was 960 and the cost per rental was Php 25.00. If its inventory does not change, what would be the effect on the weekly total number rentals if the cost per rental will be increased to Php 30.00?

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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DVD FOR RENT
Miss Arlene's Digital World rents out DVDS. The manager observed that the weekly total number of rentals varies
directly with the total inventory and varies inversely with the cost of each rental. Last week's total rental is 300 DVDS when its
inventory was 960 and the cost per rental was Php 25.00. If its inventory does not change, what would be the effect on the
weekly total number rentals if the cost per rental will be increased to Php 30.00?
OUEST ce
Transcribed Image Text:DVD FOR RENT Miss Arlene's Digital World rents out DVDS. The manager observed that the weekly total number of rentals varies directly with the total inventory and varies inversely with the cost of each rental. Last week's total rental is 300 DVDS when its inventory was 960 and the cost per rental was Php 25.00. If its inventory does not change, what would be the effect on the weekly total number rentals if the cost per rental will be increased to Php 30.00? OUEST ce
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