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A travel agency is planning a trip to England for 100 members of a college faculty....

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Basic Math

A travel agency is planning a trip to England for 100members of a college faculty. The plane fare will be $600 perfaculty member if all members attend the trip. With eachcancellation, however l, the fare will increase by$250 per facultymember.

the cost to the agency is $20,000 plus $40 for eachpassenger.

What is the price that will generate the maximumprofit for the agency?

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