Öptimal Chapter-Flight Fare If exactly 218 people sign up for a charter flight, Leisure World Travel Agency charges $310/person. However, if more than 218 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 218. Show that the revenue function R is given by R(x) - (218 + x)(310 - x). passengers What is the maximum revenue? $4 What would be the fare per passenger in this case? dollars per passenger
Öptimal Chapter-Flight Fare If exactly 218 people sign up for a charter flight, Leisure World Travel Agency charges $310/person. However, if more than 218 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 218. Show that the revenue function R is given by R(x) - (218 + x)(310 - x). passengers What is the maximum revenue? $4 What would be the fare per passenger in this case? dollars per passenger
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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![Optimal Chapter-Flight Fare If exactly 218 people sign up for a charter flight, Leisure World Travel Agency charges $310/person. However, if more than 218 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 218. Show that the revenue function R is given by R(x) = (218 + x)(310 - x).
passengers
What is the maximum revenue?
What would be the fare per passenger in this case?
dollars per passenger](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fa9953607-b507-4ba0-a1b4-642872b5a90b%2Fd3a8cafa-e14c-491d-80a5-98dc334ab9d7%2Fagm6fhk_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Optimal Chapter-Flight Fare If exactly 218 people sign up for a charter flight, Leisure World Travel Agency charges $310/person. However, if more than 218 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 218. Show that the revenue function R is given by R(x) = (218 + x)(310 - x).
passengers
What is the maximum revenue?
What would be the fare per passenger in this case?
dollars per passenger
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