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crimeas [40]
2 years ago
15

The amount of insurname need will

Business
1 answer:
aniked [119]2 years ago
4 0

Whats the Whole Question?

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A car rental agency rents 220 cars per day at a rate of 28 dollars per day. For each 1 dollar increase in the daily rate, 6 fewe
9966 [12]

The cars should be rented at $34 per day for a maximum income of $6268 per day.

If the daily rental is increased by $x

<u>Then </u>

Rental: R(x)=(28+x)dollars per car-day

Number of cars rented:  

N(x) = (220−6x) and Income: I(x) = (28+x) (220−6x) = 6,610 + 52x−5x^{2} dollars/day.

The maximum will be achieved when the derivative of I (x) is zero.

\frac{dI(x)}{dx} = 52−10x = 0

⇒ x = 5.2

For an even dollar rental amount, and increase of $5/day or $6/day will generate the same income.

So

$28+$5 = $33/day

or

$28+$6 = $34/day

would both be valid answers.

However, $34/day involves renting fewer cars and thus reduced expenses.

Using basic substitution and arithmetic

I(4) = $6,268

<h3>What is Maximum revenue ?</h3>

Maximum revenue is defined as the total maximum amount of revenue of product or service can yield at maximum demand and price.

To calculate maximum revenue, determine the revenue function and then find its maximum value. Write a formula where p equals price and q equals demand, in the number of units.

Learn more about Maximum revenue  on:

brainly.com/question/13780508

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3 0
2 years ago
Countries which export more than they import (i.e., which have a surplus in their balance of trade) still will have a $0 balance
horrorfan [7]
<span>The country will have to negotiate new trade agreements with other nations.</span>
8 0
3 years ago
Steve’s Outdoor Company purchased a new delivery van on January 1 for $47,000 plus $4,000 in sales tax. The company paid $13,000
cupoosta [38]
Sorry idk the answers i’m just trying to ask my questions... sorry
3 0
3 years ago
Advertising revenues support the majority of the content we see in the media today. What professions and businesses does adverti
AveGali [126]

Answer: Mass communication, and Journalism are the professions that advertising supports.

Advertising helps all forms of businesses

Explanation: Advertisement involves sending out information about a product/services an organization provides to it's target market. Advertisement has several forms such as the use of radio broadcast, televised adverts, posters, billboards, social media adverts etc.

Advertising has created a career for individuals in the area of Mass communication and journalism.

8 0
2 years ago
The PR team at GoodJuice writes an article on how well-prepared artificial fruit juices can help individuals lose weight. They b
laila [671]

Answer:

Native.

Explanation:

In this context, it can be said that GoodJuice is using a type of native advertising.

In this advertising strategy, the advertiser's objective is to win the attention of consumers through content that adds some kind of value, that generates engagement and interest. This is a type of paid ad that combines the content and function of the media on which it is served.

One of the examples of native advertising are the recommended content on a web page.

5 0
2 years ago
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