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It costs a bus company $225 to run a minibus on a ski trip, plus $30 per passenger. The bus has seating for 22 passengrs and the company has to increase the ticket price by $5. How many empty seats should the bus run with to maximize profit from this trip?
What do you mean to say the company has to increase the price by $5? How much is a skier willing to pay?
it doesn't specify how much they're willing to pay...maybe it doesn't matterQuote:
Originally Posted by godelproof
Please post the WHOLE problem next time!
Yahoo! Canada Answers - How many empty seats should the bus run with to maximize profit from this trip?