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One item is filed under this topic.
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Maximizing the ticket revenue |
2014-10-07 |
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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. |
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