An airline finds that if it prices a cross-country ticket at $400, it will sell 100 tickets per day. It estimates that each $10 price reduction will result in 50 more tickets sold per day. Find the ticket price (and the number of tickets sold) that will maximize the airline's revenue. Ticket Price= Number of ticket=

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter3: Linear And Nonlinear Functions
Section3.7: Piecewise And Step Functions
Problem 29PPS
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An airline finds that if it prices a cross-country ticket at $400, it will sell 100 tickets per day. It estimates that each $10 price reduction will result in 50 more tickets sold per day. Find the ticket price (and the number of tickets sold) that will maximize the airline's revenue.

Ticket Price=

Number of ticket=

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