SOLUTION: you run a canoe rental business. You charge 12 dollars per canoe and average 36 per day. if you raise the price by fifty cents you lose 2 rentals a day. 12.00*36=432 whats the r

Algebra ->  Quadratic Equations and Parabolas  -> Quadratic Equations Lessons -> SOLUTION: you run a canoe rental business. You charge 12 dollars per canoe and average 36 per day. if you raise the price by fifty cents you lose 2 rentals a day. 12.00*36=432 whats the r      Log On


   

Question 620114: you run a canoe rental business. You charge 12 dollars per canoe and average 36 per day. if you raise the price by fifty cents you lose 2 rentals a day.
12.00*36=432 whats the revenue formula for x price hikes?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
The charge, C, for 36 canoes increased
by +x+ $.50 price hikes, and losing 2 rentals
per price hike is:
+C+=+%28+36+-+2x+%29%2A%2812+%2B+.5x%29+
+C+=+432+-+24x+%2B+18x+-+x%5E2+
+C+=+-x%5E2+-+6x+%2B+432+ answer
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check: If you have 8 $.50 price increases,
The charge is
+C+=+-x%5E2+-+6x+%2B+432+
+C+=+-8%5E2+-+6%2A8+%2B+432+
+C+=+-64+-+48+%2B+432+
+C+=+432+-+112+
+C+=+320+
and
+C+=+%28+36+-+2%2A8+%29%2A%2812+%2B+.5%2A8%29+
+C+=+20%2A16+
+320+
OK