Business, 22.08.2020 20:01 lakenyahar

For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passengers. It costs the airline $4,000 plus $60 per passenger to operate each flight. Through experience, USAir has discovered that if a ticket price is T, then they can expect (430 - 0.58T) passengers to book the flight. Determine the ticket price, T, that will maximize the airline's profit.

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For a particular flight from Dulles to SF, USAir uses wide-body jets with a capacity of 430 passenge...

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