Problem

Business: Maximum Revenue An airline finds that if it prices a cross-country ticket at $...

Business: Maximum Revenue An airline finds that if it prices a cross-country ticket at $200, it will sell 300 tickets per day. It estimates that each $10 price reduction will result in 30 more tickets sold per day. Find the ticket price (and the number of tickets sold) that will maximize the airline’s revenue.

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Solutions For Problems in Chapter 3.4