Business
Business, 18.02.2021 22:40, innocentman69

For a particular flight from Dulles to SF, an airline uses wide-body jets with a capacity of 270 passengers. It costs the airline $4,000 plus $140 per passenger to operate each flight. Through experience the airline has discovered that if a ticket price is $T, then they can expect (270−0.84T) passengers to book the flight. To the nearest $5, for what value of the ticket price, T, will the airline's profit be maximized? (Notice that quantity is a function of price.) radioImage

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Answers: 2

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For a particular flight from Dulles to SF, an airline uses wide-body jets with a capacity of 270 pas...

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