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zzz [600]
3 years ago
5

Getthere airlines currently charges $200$ dollars per ticket and sells $40{,}000$ tickets a week. for every $10$ dollars they in

crease the ticket price, they sell $1000$ fewer tickets a week. how many dollars should they charge to maximize their total revenue?
Business
1 answer:
Nataly_w [17]3 years ago
6 0
Suppose GetThere Airlines increases their ticket price to $200+10n = 10(20+n)$ dollars. Then the number of tickets they sell is $40,000-1000n = 1000(40-n)$ .<span> Therefore, their total revenue is
</span>
$$10(20+n)\cdot 1000(40-n) = 10000(20+n)(40-n) = 10000(800+20n-n^2).$$

This is maximized when $n=-\left(\frac{20}{2\cdot(-1)}\right)=10$ .<span> Therefore, they should charge </span><span>$200+10\cdot 10 = \boxed{300}$</span><span> dollars per ticket.</span>
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A​ check-processing center uses exponential smoothing to forecast the number of incoming checks each month. The number of checks
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Answer:

a. 41.6 million

b. 42.28 million

Explanation:

A) GIven

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B) forecast in july = Sjuly = 41.6 million

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So for August

Saugust = a*Xjuly + (1-a)*Sjuly

=0.2*45 + (1-0.2)*41.6 million

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5 0
3 years ago
A stock paying $5 in annual dividends currently sells for $80 and has an expected return of 14%. What might investors expect to
Drupady [299]

Answer:

$86.20

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Total return from stock = Current price * expected return

Total return from stock = 80*14%

Total return from stock = $11.20

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3 years ago
Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Var
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Answer:

Option (c) is correct.

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ROI = Investment Value × ROI Rate

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Desired ROI per Pair of Shoes :-

= ROI ÷ Planned production and sales

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3 years ago
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