Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

( a ) A cruise line offers a trip for $ 2 0 0 0 per passenger. If at least 1 0 0 passengers sign

(a) A cruise line offers a trip for $2000 per passenger. If at least 100 passengers sign up, the price is reduced for all the passengers by $10 for every additional passenger (beyond 100) who goes on the trip. The boat can accommodate 250 passengers. What number of passengers maximizes the cruise line's total revenue? What price does each passenger pay then?
The number of passengers that maximizes the cruise line's total revenue is
The price the passengers pay is $
(b) The cost to the cruise line for n passengers is 80,000+500n. What is the maximum profit that the cruise line can make on one trip? How many passengers must sign up for the maximum to be reached and what price will each pay?
The maximum profit that the cruise line can make on one trip is $
The number of passengers that must sign up for the maximum to be reached is , and each passenger mi
i.61
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

High School Math 2012 Common-core Algebra 2 Grade 10/11

Authors: Savvas Learning Co

Student Edition

9780133186024, 0133186024

More Books

Students also viewed these Mathematics questions