document.write( "Question 666312: A motel advertises that it will provide dinner, dancing, and drinks for $60 per couple at a New Year's Eve party. It must have a guarantee of 50 couples. Furthermore, it will agree that for each couple in excess of 50, it will reduce the price per couple for all attending by $0.25. How many couples will it take to maximize the motel's revenue?
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Algebra.Com's Answer #415460 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! A motel advertises that it will provide dinner, dancing, and drinks for $60 per couple at a New Year's Eve party. It must have a guarantee of 50 couples. Furthermore, it will agree that for each couple in excess of 50, it will reduce the price per couple for all attending by $0.25. How many couples will it take to maximize the motel's revenue? \n" ); document.write( "** \n" ); document.write( "let x=number of couples to maximize motel's revenue \n" ); document.write( "x-50=number of couples in excess of 50 \n" ); document.write( ".25(x-50)=reduction in price per couple \n" ); document.write( "Price per couple=[60-.25(x-50)] \n" ); document.write( "Revenue=number of couples*price per couple \n" ); document.write( "y=x[60-(.25(x-50)] \n" ); document.write( "=x[60-.25x+12.5] \n" ); document.write( "=x[-.25x+72.5] \n" ); document.write( "=-.25x^2+72.5x \n" ); document.write( "complete the square \n" ); document.write( "y=-.25(x^2-290+145^2)+.25*145^2 \n" ); document.write( "y=-.25(x-145)^2+5256.25 \n" ); document.write( "This is a parabola that opens downwards with a maximum of 5256.25 at x=145 \n" ); document.write( "How many couples will it take to maximize the motel's revenue=145 \r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |