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Optimal Chapter-Flight Fare If exactly 210 people sign up for a charter flight, Leisure World Travel...

Optimal Chapter-Flight Fare If exactly 210 people sign up for a charter flight, Leisure World Travel Agency charges $292/person. However, if more than 210 people sign up for the flight (assume this is the case), then each fare is reduced by $1 for each additional person. Determine how many passengers will result in a maximum revenue for the travel agency. Hint: Let x denote the number of passengers above 210. Show that the revenue function R is given by R(x) = (210 + x)(292 − x).

passengers?

What is the maximum revenue?

What would be the fare per passenger in this case?

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