document.write( "Question 683794: Hello,the problem I'm trying to solve is,\r
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document.write( "\"A plane with a capacity of 120 passengers is to be chartered for an excursion. The price of one ticket is to be $60 if 100 people or fewer buy tickets. The airline will reduce the price of every ticket by 50 cents for each ticket sold over 100. How many additional passengers over 100 will bring about maximum income?\"\r
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document.write( "I know the first part of the equation will probably be (120 + 100x), but I'm not to sure about the rest of the equation which I need in order to graph the parabola. Help would be greatly appriciated. Thanks. \r
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Algebra.Com's Answer #423745 by MathLover1(20850) You can put this solution on YOUR website! the income will go up \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "after that, evidently, the next passenger would pay only $ \n" ); document.write( "\n" ); document.write( "let's put that in equation:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "where \" \n" ); document.write( "\n" ); document.write( "note that this equation applies only for \" \n" ); document.write( "\n" ); document.write( "the \n" ); document.write( "\n" ); document.write( "A bit of algebra turns the income equation to\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Now, we want to maximize the income. Calculus to the rescue, as the local maximum implies that the derivative of the equation equals zero.\r \n" ); document.write( "\n" ); document.write( "The derivative of the equation is\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "If we put this equal to zero, then \n" ); document.write( "\n" ); document.write( "That is thus the number of passengers that \n" ); document.write( "\n" ); document.write( "Plugging \n" ); document.write( "$ \n" ); document.write( "\n" ); document.write( "And we can easily verify that this is indeed the \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |