A bike rental business currently rents out an average of 40 electric bikes per day. An industry journal says that, for every $2.

compensation and benefits assignment M3 |
October 7, 2020
BUS/309 Business Ethics Week 6 Quiz (Chapter 6) â?? StrayerBUS 309 Week 6 Quiz Chapter…
October 7, 2020

A bike rental business currently rents out an average of 40 electric bikes per day. An industry journal says that, for every $2.

6. A bike rental business currently rents out an average of 40 electric bikes per day. An industry journal says that, for every $2.50 price rise, the average business can expect to lose two rentals per day. This being the case, the overall revenue for the business can be modelled using the equation below:

R = -5x

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