A 600-room hotel in Orlando is filled to capacity every night when the rate is $90 per
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A 600-room hotel in Orlando is filled to capacity every night when the rate is $90 per night. For every $5 increase in the rate, 10 fewer rooms are filled. How much should the hotel charge to produce the maximum income? What is its maximum income?
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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