(a) Explanation Let x be the no of person. Given information: If no more than 100 people go on certain tour. So, 1 ≤ x ≤ 100 . The cost of tour per person is $500. Revenue cost: R ( x ) = 500 x ; 1 ≤ x ≤ 100 . Calculation: If an excess of 100 people go on certain tour. So, x > 100 . The cost per person will be reduced by $4. The cost of tour represented as: R ( x ) = 500 ( 100 ) + ( 500 − 4 x ) (b) To determine To find: The greatest revenue for the company and sketch the graph.

7th Edition

ISBN: 9781524916817

Author: SMITH KARL J, STRAUSS MONTY J, TODA MAGDALENA DANIELE

Publisher: Kendall Hunt Publishing

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Question

Chapter 1, Problem 76SP

(a)

To determine

To express:Total revenue R of number of people who go on the tour.

(b)

To determine

To find:

The greatest revenue for the company and sketch the graph.

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Chapter 1, Problem 75SP

Chapter 1, Problem 77SP

Chapter 1 Solutions

Calculus

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To express: Total revenue R of number of people who go on the tour.

Solution Summary: The author explains the total revenue R of number of people who go on a tour and the revenue cost of the tour.