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A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)

A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)
Transcribed Image Text:A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)
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