Question

A community which is located in a resort area is trying to decide on the parking 

fee to charge at the town-owned beach. There are other beaches in the area, and 

there is competition for bathers among the different beaches. The town has 

determined the following function which expresses the average number of cars 

per day q as the function of parking fee p stated in cents.

q = 65000 – 13p

a. Determine the fee which should be charged to maximize daily beach 

     revenues.​

Answer 1

Answer:

Determine the fee that should be charged to maximize daily beach revenues. $ Blank 1. Fill in the blank,

b) What is the maximum daily beach revenue expected to be? $ Blank 2. Fill in the blank

c) How many cars are expected on an average day? Blank 3. Fill in the blank, cars