Ask a New Question

a hotel chain charges $120 per room and rents an avg of 40 rooms per night at this rate. For each $10 reduction in price, they rent an avg of 10 more rooms. Find the rate they should be charging to maximize revenue.

Help please! Thanks!

Ask a New Question or answer this question.

Similar Questions

a hotel chain charges $120 per room and rents an avg of 40 rooms per night at this rate. For each $10 reduction in price, they
1. 0 answers
I need help in solving this word problem using linear system equation...I.m not sure how to start,,,A hotel rents a double
1. 1 answer
A large hotel finds that it can rent 95 rooms when it charge $100 per room. For each $1 increase in room cost it rents one room
1. 1 answer
A large hotel finds that it can rent 95 rooms when it charge $100 per room. For each $1 increase in room cost it rents one room
1. 1 answer

more similar questions