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Williams Commuter Air Service realizes a monthly revenue represented by the following function, where R ( x ) is measured in dollars and the price
Williams Commuter Air Service realizes a monthly revenue represented by the following function, whereR(x) is measured in dollars and the price charged per passenger isxdollars.
R(x) =4400x-110x2
(a) Find the marginal revenueR'(x).
R'(x) =
(b) Compute the following values.
R'(19) =
R'(20) =
R'(21) =
(c) Based on the results of part (b), what price should the airline charge in order to maximize their revenue?
$
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