An airline flying to a Midwest destination can sell 20 coach-class tickets per day at a price of $250 and six business-class tickets per day at a price of $750. It finds that for each $10 decrease in the price of the coach ticket, it will sell four more per day, and for each $50 decrease in the business-class price, it will sell two more per day. What prices should the airline charge for the coach and business-class tickets to maximize revenue? [Hint: Let x be the number of $10 price decreases for coach tickets and y be the number of $50 price decreases for business-class tickets, and use the methods in this example and this example for each type of car.] price of coach ticket price of business class ticket $ 450 How many of each type will be sold at these prices? quantity of coach tickets sold price of business class tickets sold 18 × per day per day

An airline flying to a Midwest destination can sell 20 coach-class tickets per day at a price of $250 and six business-class tickets per day at a price of $750. It finds that for each $10 decrease in the price of the coach ticket, it will sell four more per day, and for each $50 decrease in the business-class price, it will sell two more per day. What prices should the airline charge for the coach and business-class tickets to maximize revenue? [Hint: Let x be the number of $10 price decreases for coach tickets and y be the number of $50 price decreases for business-class tickets, and use the methods in this example and this example for each type of car.] price of coach ticket price of business class ticket $ 450 How many of each type will be sold at these prices? quantity of coach tickets sold price of business class tickets sold 18 × per day per day

Algebra: Structure And Method, Book 1

(REV)00th Edition

ISBN:9780395977224

Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Chapter2: Working With Real Numbers

Section2.3: Rules For Addition

Problem 9P

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