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Mathematics, 25.07.2019 03:10 camirialchambers17

A60 room hotel is filled to capacity every night at a rate of $40 per room. the management wants to determine if a rate increase would increase their profit. they are not interested in a rate decrease. suppose management determines that for each $2 increase in the nightly rate, five fewer rooms will be rented. if each rented room costs $8 a day to service, how much should the management charge per room to maximize profit?

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