Answer:
Without price increase, Cost/night = $119
Average occupancy = 372 The revenue will be 119*372 = $44,268
For every $15 price increase, the occupancy decreases by 25. Therefore with x price increases, The revenue will be $(119 + 15x)*(372 25x)
Cost/night = $119 + 15x Occupancy = 372 - 25x
Answer:
The nightly cost with x $15 price increases is $119 + 15x.
Answer:
<u>x = 466.7 feet</u>
Step-by-step explanation:
Finding the top angle of the triangle :
- They are complementary
- 90° - 31°
- 59°
Take the tan value of this angle to find y :
- tan 59° = 400/y
- 1.66427948 =400/y
- y = 400 / 1.66427948
- y = 240.344248
Using Pythagorean Theorem to find x :
- y² + 400² = x²
- x = √(240.344248)² + 160000
- x = √57765.3575 + 160000
- x = √217765.357
- <u>x = 466.7 feet</u> (nearest tenth)
