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An airline has set the price of a ticket from Montreal to Halifax at $100 if there are 124 passengers. The company speculated that every
An airline has set the price of a ticket from Montreal to Halifax at $100 if there are 124 passengers. The company speculated that every $2.50 increase would deter two people.
What should be the ticket price and the number of passengers for the company to obtain maximum revenue? Calculate this income.
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