Business, 07.11.2019 07:31, iheartgirl9373

Bill operates a boat rental business in a competitive industry. he owns 10 boats and pays $1,000 per month on the loan that he took out to buy them. he rents each boat for $200 per month. the variable cost for each boat rental is $50. in the off season, bill should (points : 5)
operate his business as long as he rents at least 7 boats per month.
operate his business as long as he rents at least 1 boat per month.
operate his business as long as he rents all 10 boats each month.
raise the price he charges per boat rental.

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Bill operates a boat rental business in a competitive industry. he owns 10 boats and pays $1,000 per...