Revenue A hotel has 10 luxury units that it will rent out during the peak season at $300 per day. From experience management knows that one unit will become vacant for each $50 increase in charge per day. What rent should be charged to maximize revenue?

Amazon can sell 20,000 copies of a new book for 16 per book. For each 1 reduction in price Amazon can sell 2,000 more copies what price should Amazon sell the new book to maximize its revenue ?

Turnover is planned at 2.5 for the six-month peris starting February 1 through July 31. Average weekly sales for that period are $75,000. What average stock should be carried in this situation? $800,000 $900,000 O $720,000 $780,000

The marching band at a local high school is selling candy bars. The profits will go toward the purchase of new marching band uniforms. They are interested in knowing what price they should charge to obtain the maximum profit. The candy bars are donated by a local retailer so they know that if they charge $0 they will make $0 profit. They also collect data from other marching bands who have sold candy bars in the past. The data they collected is shown in the table below.    Price 0.00 0.45 0.60 0.75 1.00 1.25 1.40 1.50 Profit 0.00 $720 $900 $990 $845 $625 $560 $300     What factors might influence how much is to be made from the candy sale? Give at least  two.             What happens to the profit as the price of each candy bar increases?  Explain possible reasons for your observations.               How do you suppose the other bands determined the price at which to sell each candy bar?         Do any data values seem unusual? Yes or…