Math 165 HW 8 Due Thursday, March 31st at 11:59pm in Gradescope 1. A hotel with...
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Math 165 HW 8 Due Thursday, March 31st at 11:59pm in Gradescope 1. A hotel with 300 rooms is filled to capacity every night if they charge 880 per room per night. For each $1 increase in room rental rate, they rent out 3 fewer rooms per night. Each rented room also costs the hotel $10 to service each morning. First, construct a Profit function using x= number of room rate increases. Then complete the following: a) The new price per room each night b) How many rooms will be rented each night e) Maximum Profits per night Math 165 HW 8 Due Thursday, March 31st at 11:59pm in Gradescope 1. A hotel with 300 rooms is filled to capacity every night if they charge 880 per room per night. For each $1 increase in room rental rate, they rent out 3 fewer rooms per night. Each rented room also costs the hotel $10 to service each morning. First, construct a Profit function using x= number of room rate increases. Then complete the following: a) The new price per room each night b) How many rooms will be rented each night e) Maximum Profits per night
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
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