A hotel has 270 units. All rooms are occupied when the hotel changes $90 per day for a room. For every increase of x dollars in the daily room rate, there are x rooms vacant. Each occupied room costs $28 per day to service and maintain. What should the hotel charge per day in order to maximize daily profit?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “A hotel has 270 units. All rooms are occupied when the hotel changes $90 per day for a room. For every increase of x dollars in the daily ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Calculate the theoretical probability that sum of 2 rolls equals 7
Answers (1)
Design an algorithm (expessed in pseudocode) for finding all the factors of the positive integer for example in the caseof the integer 12, your algorithm should report 1, 2, 3, 4, 6 and 12.
Answers (2)
How many patients in the hospital were at least 60 years old? 55 45 115 70
Answers (2)
93, 94, 95, 89, 85, 82, 87, 85, 84, 80, 78, 78, 84, 87, 90. -Calculate the mean and median closing price.
Answers (1)
A clothing store spends $11 for each pair of shorts it produces and has fixed costs of $450. If the store makes 40 pairs of shorts, how much should the store charge for each pair of shorts in order to break even?
Answers (2)
New Questions in Mathematics
Margaret said that 1/5 of her class was absent today. What percent of the class was absent?
Answers (2)
A colony of bees have produced about 4 oz of honey. Some time later they have about 7oz of honey. If the bees produce at a rate of 1.5% per hour, how many hours did it take?
Answers (1)
Three consecutive integers have a sum of 87
Answers (1)
How can you write the prime factorization and find the greatest common factor and least common multiple of two numbers?
Answers (1)
Complete the equivalent fractions: 3 / = 15/20 = / 100
Answers (1)