Business, 06.03.2020 22:28 mcmccann4317

On a certain route, a regional airline carries 5500 per month, each paying $35. The airline wants to increase the fare. However, the market research department estimates that for each $1 in fare the airline will lose 100 passengers. Determine the price that maximizes the airline's revenue.

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On a certain route, a regional airline carries 5500 per month, each paying $35. The airline wants to...

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