A local club is arranging a charter flight to Hawaii. The cost of the trip is...
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A local club is arranging a charter flight to Hawaii. The cost of the trip is $566 each for 81 passengers, with a refund of $5 per passenger for each passenger in excess of 81. a. Find the number of passengers that will maximize the revenue received from the flight. b. Find the maximum revenue. a. The number of passengers that will maximize the revenue received from the flight is (Round to the nearest integer as needed.) b. The maximum revenue is $ A local club is arranging a charter flight to Hawaii. The cost of the trip is $566 each for 81 passengers, with a refund of $5 per passenger for each passenger in excess of 81. a. Find the number of passengers that will maximize the revenue received from the flight. b. Find the maximum revenue. a. The number of passengers that will maximize the revenue received from the flight is (Round to the nearest integer as needed.) b. The maximum revenue is $
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Let the number of passengers be x Sothere are two cases Case 1 When x is less than or equal ... View the full answer
Related Book For
Managerial Accounting An Introduction to Concepts Methods and Uses
ISBN: 978-0324639766
10th Edition
Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil
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