Answer:
100 in²
Step-by-step explanation:
The area of the banner is equal to the area of the initial rectangle minus the area of the cutout triangle.
The rectangle has a height of 8 inches and width of 14 inches, so its area is:
A = (8 in) (14 in) = 112 in²
The triangle has a base of 8 inches and a height of 3 inches, so its area is:
A = ½ (8 in) (3 in) = 12 in²
So the area of the banner is 112 in² − 12 in² = 100 in².
Answer:
The ticket price that maximizes revenue is $50.
The maximum monthly revenue is $250,000.
Step-by-step explanation:
We have to write a function that describes the revenue of the airline.
We know one point of this function: when the price is $30, the amount of passengers is 7000.
We also know that for an increase of $1 in the ticket price, the amount of passengers will decrease by 100.
Then, we can write the revenue as the multiplication of price and passengers:
where x is the variation in the price of the ticket.
Then, if we derive R in function of x, and equal to 0, we will have the value of x that maximizes the revenue.
We know that the increment in price (from the $30 level) that maximizes the revenue is $20, so the price should be:
The maximum monthly revenue is: