Is this a good deal for the student government

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Student Government at a University is chartering a plane for Spring Break. The plane can seat 150 passengers. The airline will charge $120 per passenger and added to this a surcharge of $15 per passenger for each unsold seat. Let x represent the number of unsold seats

(a) Show that the airline s revenue R = (150 - x) (120 + 15x)

(b) How many seats should be unused to maximize the airline s revenue?

(c) What price would each passenger pay if the airline maximized its revenue?

(d) Is this a good deal for the Student Government?

Reference no: EM131175875

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