A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 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.)

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter7: Analytic Trigonometry
Section7.6: The Inverse Trigonometric Functions
Problem 94E
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A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will
be rented. In order to rent 195 rooms, it must lower the price to $100 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.)
Transcribed Image Text:A hotel rents rooms to customers by the night. The hotel determines that if it sets the price of the room to be $150 per night, 145 rooms will be rented. In order to rent 195 rooms, it must lower the price to $100 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.)
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