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26 July, 02:55

The area of a parking lot is 805 square meters. A car requires 5 meters and a bus requires 32 square meters of space. There can be at most 80 vehicles parked at one time. If the cost to park a car is $2.00 and a bus is $6.00, how many should be in the lot to maximize income?

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  1. 26 July, 03:10
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    80 cars will maximize revenue

    Step-by-step explanation:

    The revenue per square meter for parked cars is ...

    $2.00/5 = $0.40

    The revenue per square meter for buses is ...

    $6.00/32 = $0.1875

    Thus the available space should be used to park the maximum number of cars.

    80 cars should be in the lot to maximize income.
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