20. A small car rental agency can rent every one of its 62 cars for $25...

 

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20. A small car rental agency can rent every one of its 62 cars for $25 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue? 20. A small car rental agency can rent every one of its 62 cars for $25 per day. For each $1 increase in daily rate, two fewer cars are rented. a) Find a quadratic function that describes all possible revenues. R(x) = b) Find the daily rental price that will maximize the revenue. c) What is the maximum revenue?

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