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April 24, 2014

Homework Help: calculus

Posted by rachel on Sunday, November 27, 2011 at 6:00pm.

Maximimum profit:
you operate a tour service that offers the following rates: (1) $200 per person if 50 people (the minimum number to book the tour) go on the tour. (2) for each additional person, up to the maximum of 80 people total, everyones charge is reduced by $2. it costs you $6000 (a fixed cost) plus 32 per person to conduct the tour. how many people does it take to maximize your profit? (hint: you will need to understand the words revenue, cost, and profit.)

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