3. The Marriott Hotel caters weddings in the Andover Area. They charge the...
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3. The Marriott Hotel caters weddings in the Andover Area.
They charge the bride and groom $150 per guest that attends the wedding.
For each wedding it caters, the Marriott has the following costs:
$4,400 for waitress staff and $1,850 for linens and flowers
$19 per guest for food and $6 per guest for entertainment
a) Determine the Revenue, Cost and Profit functions where x is the number of guests at the wedding.
b) Find the number of guests that must attend a wedding for the Mariott to break even.
c) Sketch the graphs of the Revenue and Cost functions below. Label the y-intercepts, the coordinates of the break- even point and where the Marriott has a Profit and Loss.
d) Sketch the graph of the Profit function below. Label the y-intercept, the coordinates of the break-even point and where Profit and Loss occurs.
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