An airlines revenue, R, is a function of the number of full-price tickets, x, and the number

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An airline’s revenue, R, is a function of the number of full-price tickets, x, and the number of discount tickets, y, sold. Values of R = f(x, y) are in Table 8.1 on page 340.
(a) Evaluate f(200, 400), and interpret your answer.
(b) Is fx(200, 400) positive or negative? Is fy(200, 400) positive or negative? Explain.
(c) Estimate the partial derivatives in part (b). Give units and interpret your answers in terms of revenue.

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Applied Calculus

ISBN: 9781119275565

6th Edition

Authors: Deborah Hughes Hallett, Patti Frazer Lock, Andrew M. Gleason, Daniel E. Flath, Sheldon P. Gordon, David O. Lomen, David Lovelock, William G. McCallum, Brad G. Osgood, Andrew Pasquale

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