Problem

Maximizing Revenue A travel agency offers a boat tour of several Caribbean islands for 3 d...

Maximizing Revenue A travel agency offers a boat tour of several Caribbean islands for 3 days and 2 nights. For a group of 12 people, the cost per person is $800. For each additional person above the 12-person minimum, the cost per person is reduced by $20 for each person in the group. The maximum tour group size is 25. What tour group size produces the greatest revenue for the travel agency?

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