question archive How much should be charged for each of the 80 rooms in the hotel in order to maximize the profit
How much should be charged for each of the 80 rooms in the hotel in order to maximize the profit
Subject:MathPrice: Bought3
How much should be charged for each of the 80 rooms in the hotel in order to maximize the profit. All rooms are occupied when the daily rate is $60 per room. Each occupied room has a $4 cost for service per day. Also, for every dollar increase in the daily $60 rate, there is a vacant room
