. Maximizing Revenue A large hotel is considering giving the following group discount on room rates: the regular price of $120 decreases by $2 for each room rented. For example, one room costs $118, two rooms cost $116 × 2 = $232, three rooms cost S114 x 3 = $342, and so on. (a) Write a formula for a function R that gives the revenue for renting x rooms. (b) Sketch a graph of R. What is a reasonable domain?" (c) Determine the maximum revenue and the cor- responding number of rooms rented.

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
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. Maximizing Revenue A large hotel is considering
giving the following group discount on room rates:
the regular price of $120 decreases by $2 for each
room rented. For example, one room costs $118,
two rooms cost $116 × 2 = $232, three rooms cost
S114 x 3 = $342, and so on.
(a) Write a formula for a function R that gives the
revenue for renting x rooms.
(b) Sketch a graph of R. What is a reasonable
domain?"
(c) Determine the maximum revenue and the cor-
responding number of rooms rented.
Transcribed Image Text:. Maximizing Revenue A large hotel is considering giving the following group discount on room rates: the regular price of $120 decreases by $2 for each room rented. For example, one room costs $118, two rooms cost $116 × 2 = $232, three rooms cost S114 x 3 = $342, and so on. (a) Write a formula for a function R that gives the revenue for renting x rooms. (b) Sketch a graph of R. What is a reasonable domain?" (c) Determine the maximum revenue and the cor- responding number of rooms rented.
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