a. revenue $200/person (50 min.). b. >50 (max. of 80 people), rate/person reduced by $2. c. cost $6000 fixed plus $32 per person. # people to max profit?
The revenue per person is $200 for 50 minutes. If the number of persons is greater than 50 but less than 80 the revenue earned per person is reduced by $2 to $198. For x number of people the cost incurred is $6000 + 32*x
If the number of...
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