question archive A car rental agency has a budget of $1
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A car rental agency has a budget of $1.98 million to purchase at most 90 new cars. The agency will purchase either subcompact cars at $18,000 each or midsized cars at $36,000 each. From past rental patterns, the agency decides to purchase at most 50 midsized cars and expects an annual profit of $8,000 per subcompact car and $10,000 per midsized car. How many of each type of car should be purchased to obtain the maximum profit while satisfying budgetary and other planning constraints?
_________subcompact cars
__________midsized cars
Find the maximum profit.
$ ___________