Mathematics, 10.03.2020 04:48 ltuthill
If exactly 180 people sign up for a charter flight, Leisure World Travel Agency charges $298/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. What is the maximum revenue? Whatwould be the fare per passenger in this case?
Hint: Let x denote the number of passengers above 200. Show that the revenue function R is given by R(x)=(200+x)(300-x)
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If exactly 180 people sign up for a charter flight, Leisure World Travel Agency charges $298/person....
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