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On a certain route, an airline carries 5000 passengers per month, each paying $40. A market survey indicates that for ea
Posted: Mon Jul 11, 2022 10:34 am
by answerhappygod
- On A Certain Route An Airline Carries 5000 Passengers Per Month Each Paying 40 A Market Survey Indicates That For Ea 1 (412.85 KiB) Viewed 41 times
On a certain route, an airline carries 5000 passengers per month, each paying $40. A market survey indicates that for each $1 increase in the ticket price, the airline will lose 100 passengers. Find the ticket price that will maximize the airline's monthly revenue for the route. What is the maximum monthly revenue? The ticket price that maximizes the monthly revenue is $ The maximum monthly revenue is $