what size of group would maximize the airline's revenue?

Algebra
Tutor: None Selected Time limit: 1 Day

A group charters a flight that normally costs $ 800 per person. A group discount reduces the fare by $10 for each ticket sold; the more tickets sold, the lower the per-person fare. The are 50 seats on the plane, including 4 seats for the crew.

May 17th, 2015

• Greatest revenue with 40 people • Price is $400 per person and revenue is $16,000

May 17th, 2015

thank you so much. Would you explain me how you that? please

May 17th, 2015

step 1

Let n be the number of people in the group • 

Let p be the price (in dollars per person) •

 Let R be the revenue (in dollars)

step 2

create equation

• Group of three charged: 800 – 3(10) = 770 • 

Group of four charged: 800 – 4(10) = 760

May 17th, 2015

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May 17th, 2015
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