One item is filed under this topic.








Maximizing the ticket revenue 
20141007 

From Allen: An airplane whose capacity is 100 passengers is to be chartered for a flight to Europe. The fare is to be $150 per person, if 60 people buy tickets. However, the airline agrees to reduce the fare for every passenger by $1 for each additional ticket sold. How many tickets should be sold to maximize the ticket revenue for this flight? Answered by Chris Fisher. 


