Business, 15.04.2021 16:40 NeverEndingCycle
For a particular flight from Dulles to SF, an airline uses wide-body jets with a capacity of 390 passengers. It costs the airline $4,000 plus $145 per passenger to operate each flight. Through experience the airline has discovered that if a ticket price is $T, then they can expect (390β0.82T) 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, an airline uses wide-body jets with a capacity of 390 pas...
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