Question

In summer, American Airlines flies charters from dallas to DisneyLand, American has started advertising $100 airfares for kids under 12 years of age, if they are traveling in the company of an adult. In order to maximize its revenues on this route, how many adults QA, should American desire on each flight if the demand for tickets by adults is given by QA= 330-P, and there is a surplus of children at $100? Each flight carries a maximum of 270 passengers.

Answer 1

As dewand tuuction is CQA 330-P P2 330- QA hen, Total Sevenne 2 330 Qp- QA PRA These fore, Has ginal revenne 330-20Q 11 when we eauate the above withs zexo, 330 Q 2 165 2 that the So, tomthe above we can when Fuht gets maximum beve wie 165 adultand the there ane bemaining for children To tal 2 t0 Childlse 2 t0-165 05Chilolren