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Maximizing Revenue The revenue of a charter bus company
Chapter 2, Problem 53A(choose chapter or problem)
Maximizing Revenue The revenue of a charter bus company depends on the number of unsold seats. If the revenue R(x) is given byR(x) = 8000 + 70x ? x2,where x is the number of unsold seats, find the maximum revenue and the number of unsold seats that corresponds to maximum revenue.
Questions & Answers
QUESTION:
Maximizing Revenue The revenue of a charter bus company depends on the number of unsold seats. If the revenue R(x) is given byR(x) = 8000 + 70x ? x2,where x is the number of unsold seats, find the maximum revenue and the number of unsold seats that corresponds to maximum revenue.
ANSWER:SOLUTION:Step 1 of 2:In this question, the revenue of a charter bus company depends on the number of unsold seats. If the revenue R(x) is given by where is the number of unsold seats, find the maximum revenue and the number of unsold seats that corresponds to maximum revenue.