Question:

An airline finds that if it prices a cross-country ticket at

Last updated: 7/28/2022

An airline finds that if it prices a cross-country ticket at

An airline finds that if it prices a cross-country ticket at $500, it will sell 300 tickets per day. It estimates that each $10 price reduction will result in 30 more tickets sold per day. Find the ticket price (and the number of tickets sold) that will maximize the airline's revenue. ticket price number of tickets