A certain toll road averages 36,000 cars per day when charging $1 per car. A survey concludes that increasing the toll will result in 300 fewer cars for each cent of increase. What toll should be charged to maximize the revenue?

Chapter 2, Exercises 2.7 #16

This problem has been solved!

Do you need an answer to a question different from the above? Ask your question!

Related Book For answer-question

Calculus And Its Applications

14th Edition

Authors: Larry Goldstein, David Lay, David Schneider, Nakhle Asmar

ISBN: 9780134437774

Concept Check:

Exercises 2.7:

Review Exercises:

RE-1
RE-2
RE-3
RE-4
RE-5
RE-6
RE-7
RE-8
RE-9
RE-10
RE-11
RE-12
RE-13
RE-14
RE-15
RE-16
RE-17
RE-18
RE-19
RE-20
RE-21
RE-22
RE-23
RE-24
RE-25
RE-26
RE-27
RE-28
RE-29
RE-30
RE-31
RE-32
RE-33
RE-34
RE-35
RE-36
RE-37
RE-38
RE-39
RE-40
RE-41
RE-42
RE-43
RE-44
RE-47
RE-48
RE-49
RE-50
RE-51
RE-52
RE-53
RE-54
RE-55
RE-56
RE-57
RE-58
RE-59
RE-60
RE-61
RE-62

A certain toll road averages 36,000 cars per day when charging $1 per car. A survey concludes that increasing the toll will result in 300 fewer cars for each cent of increase. What toll should be charged to maximize the revenue?

This problem has been solved!

Answer

Calculus And Its Applications

Answers for Questions in Chapter 2

Students also viewed these Mathematics questions