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What price should airline charge to maximize revenue

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Reference no: EM131560802

Question: MARGINAL REVENUE Williams Commuter Air Service realizes a monthly revenue of

R(x) = 8000x - 100x2

dollars when the price charged per passenger is x dollars.

a. Find the marginal revenue R'.

b. Compute R'(39), R'(40), and R'(41).

c. Based on the results of part (b), what price should the airline charge in order to maximize their revenue?

Reference no: EM131560802

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