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I\'m not sure why I am not getting the correct answers for #7. Also I do not kno

ID: 2850655 • Letter: I

Question

I'm not sure why I am not getting the correct answers for #7. Also I do not know how to do #10 at all.

7. 0/1.5 points | Previous Answers TanApCalc9 4.5.017 My Notes Ask Your Teacher If exactly 220 people sign up for a charter flight, Leisure World Travel Agency charges $292/person. However, if more than 220 people sign up for the flight (assume this is the case), then every fare is reduced by $1 times the number of passengers above 220. Determine how many passengers will result in a maximum revenue for the travel agency. Hint: Let x denote the number of passengers above 220 . Show that the revenue function R is given by R(x) = (220 + x)(292-x). 36 X passengers What is the maximum revenue? $ 512 What would be the fare per passenger in this case? 2.33 X dollars per passenger Need Help? Read It Chat About It Viewing Saved Work Revert to Last Response S Submit Answer Save Progress

Explanation / Answer

7)let x = increased number of passengers above 220

==>number of passengers=220+x

reduced fare per each person =1*x=x

fare per person =292-x

revenue R=number of passengers*fare per person

R=(220+x)(292-x)

maximum revenue occurs when dR/dx=0

==>(0+1)(292-x) +(220+x)(0-1)=0

==>292-x-220-x=0

==>2x=72

==>x=36

increased number of passengers above 220 =36

==>number of passengers=220+36=256

maximum revenue=R=(220+36)(292-36)

maximum revenue=R=65536

fare per passenger =292-36=256$