Crazy Joe operates a canoe rental service on the Gualala River. He currently leases 15 canoes from

Question:

Crazy Joe operates a canoe rental service on the Gualala River. He currently leases 15 canoes from a in a nearby city at a cost of $ 10 per day. On weekends, when the water is high, he picks up the canoes and drives to a launching point on the river, where he rents canoes to white- water enthusiasts for $ 30 per day. Lately, canoeists have complained about the unavailability of canoes, so Crazy Joe has recorded the demand for canoes and found the experience below for the past 20 days:

Recommend an appropriate number of canoes to lease.

Dealer
A dealer in the securities market is an individual or firm who stands ready and willing to buy a security for its own account (at its bid price) or sell from its own account (at its ask price). A dealer seeks to profit from the spread between the...