document.write( "Question 44396: I need your help to solve this problem \r
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document.write( "A hotel administrator has 200 rooms available for rent each night. Experience shows that if he charges $45 per night, he will have full occupancy, but that for each $5 that he increases the price, 4 rooms become vacant. All other factors being equal, what will his maximum revenue be?
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document.write( " A. $16,820
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document.write( " B. $13,520
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document.write( " C. $8820
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document.write( " D. $12,000
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document.write( " E. $11,520
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document.write( " F. $18,000
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document.write( " G. none of these
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Algebra.Com's Answer #29317 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Let \"x\" be the number of $5 increases. \n" ); document.write( "Then Revenue = (45+5x)(200-4x) \n" ); document.write( " = 45(200)+1000x-180x-20x^2 \n" ); document.write( " = -20x^2+820x+9000 \n" ); document.write( "Maximum Revenue occurs when \n" ); document.write( " x=-b/2a =-(820)/-40=20.5 \n" ); document.write( "When x=20.5, Revenue = $17405 \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |