Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. an airline finds that if it prices a cross-country

An airline finds that if it prices a cross-country ticket at $500, it will sell...

60.1K

Verified Solution

Question

Basic Math

image

An airline finds that if it prices a cross-country ticket at $500, it will sell 300 tickets per day. It estimates that each $10 price reduction will result in 30 more tickets sold per day. Find the ticket price (and the number of tickets sold) that will maximize the airline's revenue. ticket price number of tickets

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Medical Sciences
1.2K views

4.) Describe the functional structure of the small intestine for absorption? Draw and label the parts.

Basic Math
1.2K views

Discuss the topic most challenging in Inference Regression? Provide a good description of the mentioned topic Discuss the...

Physics
1.2K views

58 A boy is trying to start a fire by focusing Sunlight on a piece...

Geometry
1.2K views

What is the probability of rolling a 5 on the first number cube and rolling...

Geometry
1.2K views

5 Assume A A A2 and A B 0 If A2 kB show that k...

Calculus
1.2K views

Compute the Fourier coefficients and write the Fourier series in the complex and real forms....

Algebra
1.2K views

Find the sum of the first 5 terms of the following sequence 3 13 23...

Accounting
1.2K views

En esta era de pandemia de COVID, muchas PYMES (especialmente en el sector de alimentos...

Accounting
1.2K views

Choose TWO publicly listed companies of Bursa Malaysia from the same sectors and access their...

Accounting
1.2K views

The trial balance of Pacilio Security Services, Incorporated as of January 1, Year 10, had...

Accounting
1.2K views

These problems illustrate the application of Littles Law. 1. Suppose that a voting facility processes...

Accounting
1.2K views

3. The following transactions took place for the month of January 2022 REQUREED: Show necessary...