document.write( "Question 898589: You run a paddle-boat rental business on the Swan River. You currently charge $24.00 per paddle-boat and average 36 rentals a day. An industry journal says that, for every $1.50 increase in rental price, the business can expect to lose two rentals a day. Use this information to attempt to maximise your daily income.
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document.write( "Using both graphical and algebraic methods, determine the price should you charge to maximise daily income and what is this maximum daily income? \n" );
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Algebra.Com's Answer #544920 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! You run a paddle-boat rental business on the Swan River. You currently charge $24.00 per paddle-boat and average 36 rentals a day. An industry journal says that, for every $1.50 increase in rental price, the business can expect to lose two rentals a day. Use this information to attempt to maximise your daily income. \n" ); document.write( "Using both graphical and algebraic methods, determine the price should you charge to maximise daily income and what is this maximum daily income? \n" ); document.write( " \n" ); document.write( " |