Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $40 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? $ X How many cars will it rent at this price? X cars

Q: Rent-A-Reck Incorporated finds that it can rent 60 cars if it charges $80 for a weekend. It…

A: Let they will have to increase $5 x times.  So new price= 80+5x Number of rented cars at that price=…

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