Mathematics, 15.04.2020 18:59 angelvega2003

The owner of a luxury motor yacht that sails among the Greek islands charges $600/person/day if exactly 25 people sign up for the cruise. However, if more than 25 people sign up for the cruise, then every fare is reduced by $10 for each additional passenger. Assuming that at least 25 people sign up for the cruise, determine how many passengers will result in maximum revenue for the yacht owner. What is the maximum revenue? In order to attain this maximum revenue, what would be the fare for each person?

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The owner of a luxury motor yacht that sails among the Greek islands charges $600/person/day if exac...