Monday, March 13, 2017
Optimization
Airplane tickets cost ＄200 if between 0 and 50 passengers are on the plane. However, for each additional passengers over 50 the price per ticket is reduced by ＄2 for all passengers. for example 52 passengers are, then the cost per ticket for all passengers is ＄196. How many passengers will produce the maximum revenue?
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