Optimal Chapter-Flight Fare If exactly 180 people sign up for a charter flight, Leisure World Travel Agency charges $296/person. However, if more than 180 people sign up for the flight (assume this is the case), then each fare is reduced by $1 for each additional person. Determine how many passengers will result in a maximum revenue for the travel agency. Hint: Let x denote the number of passengers above 180. Show that the revenue function R is given by R(x)= (180 + x)(296 - X). passengers What is the maximum revenue? $ What would be the fare per passenger in this case? dollars per passenger
Optimal Chapter-Flight Fare If exactly 180 people sign up for a charter flight, Leisure World Travel Agency charges $296/person. However, if more than 180 people sign up for the flight (assume this is the case), then each fare is reduced by $1 for each additional person. Determine how many passengers will result in a maximum revenue for the travel agency. Hint: Let x denote the number of passengers above 180. Show that the revenue function R is given by R(x)= (180 + x)(296 - X). passengers What is the maximum revenue? $ What would be the fare per passenger in this case? dollars per passenger
Trigonometry (MindTap Course List)
10th Edition
ISBN:9781337278461
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.7: A Library Of Parent Functions
Problem 47E
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