Solve the problem.A 60 room hotel is filled to capacity every night at a rate of $40 per room. The management wants to determine if a rate increase would increase their profit. They are not interested in a rate decrease. Suppose management determines that for each $2 increase in the nightly rate, five fewer rooms will be rented. If each rented room costs $8 a day to service, how much should the management charge per room to maximize profit?

A. $50
B. $45
C. $42
D. The management should leave the rate as it is.


Answer: D

Mathematics

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A.
B.
C.
D.

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src="https://sciemce.com/media/4/ppg__tttt0611191208__f1q40g7.jpg" style="vertical-align: -17.0px;" />. What will be an ideal response?

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A. Valid B. Invalid

Mathematics