A 270-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $10 increase in cost results in 20 fewer occupied rooms.Find the nightly rate that will maximize
Income.
A) $\$ 45.00$
B) $\$ 285.00$
C) $\$ 95.00$
D) $\$ 190.00$
E) $\$ 117.50$

Question

A 270-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $10 increase in cost results in 20 fewer occupied rooms.Find the nightly rate that will maximize
Income. 
A) $\$ 45.00$
B) $\$ 285.00$
C) $\$ 95.00$
D) $\$ 190.00$
E) $\$ 117.50$

Quizplus · Accepted Answer

The Answer of A 270-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $10 increase in cost results in 20 fewer occupied rooms.Find the nightly rate that will maximize
Income. 
A) $\$ 45.00$
B) $\$ 285.00$
C) $\$ 95.00$
D) $\$ 190.00$
E) $\$ 117.50$

A 270-Room Hotel Is Two-Thirds Filled When the Nightly Room $45.00\$ 45.00$45.00

A 270-Room Hotel Is Two-Thirds Filled When the Nightly Room $\$ 45.00$