A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $160 per night, 140 rooms will be rented. In order to rent 190 rooms, it must lower the price to $110 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)
A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $160 per night, 140 rooms will be rented. In order to rent 190 rooms, it must lower the price to $110 per night. If the hotel sets the price to be $110 per night, what is the marginal revenue? The marginal revenue is $ per room. (Round answer to nearest dollar. If more than one answer, separate with a comma.)
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 37E: An airplane flies from Naples, Italy, in a straight line to Rome, Italy, which is 120 kilometers...
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