For a particular flight from dulles to sf, an airline uses wide-body jets with a capacity of 460 passengers. it costs the airline $4,000 plus $60 per passenger to operate each flight. through experience the airline has discovered that if a ticket price is $t, then they can expect (460−1.t) passengers to book the flight. determine the ticket price, t, that will maximize the airline's profit.

$ 260

Step-by-step explanation:

Given

Initially 460 passenger travels

It cost $ 4000 +$60 per passenger

If ticket Price is $ T

then they expect 460-T passengers

Total Revenue generated by tickets

cost to airlines

Profit is

To get maximum Profit differentiate P w.r.t to T and Equate it to zero

Therefore it cost $ 260 to get maximum Profit

40% off the regular price is the correct answer.

step-by-step explanation:

34

step-by-step explanation: