If exactly 196 people sign up for a charter flight, Leisure World Travel Agency

Question

If exactly 196 people sign up for a charter flight, Leisure World Travel Agency charges $298/person. However, if more than 196 people sign up for the flight (assume this is the case), then each fare is reduced by $1 for each additional person. Hint: Let x denote the number of passengers above 196.

Find the revenue function R(x).
R(x) = 1

Determine how many passengers will result in a maximum revenue for the travel agency.
2 passengers

What is the maximum revenue?
$ 3

What would be the fare per passenger in this case?
4 dollars per passenger 1

Explanation / Answer

R(x) = 58408 + 102x - x^2

2) 247

3) 61009

4) 247

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