What price will generate the greatest profit for the airline?
poniedziałek, październik 12th, 2009
michelle v asked:
An airline sells all tickets for a certain route at the same price. If it charges 250 dollars per ticket it sells 5000 tickets. For every 5 dollars the ticket price is reduced, an extra 500 tickets are sold. It costs the airline a hundred dollars to fly a person.
What price will generate the greatest profit for the airline?