A 330-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $15 increase in cost results in 30 fewer occupied rooms.Find the nightly rate that will maximize
Income.
A) $\$ 105.00$
B) $\$ 315.00$
C) $\quad \$ 132.50$
D) $\$ 210.00$
E) $\$ 55.00$

Question

A 330-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $15 increase in cost results in 30 fewer occupied rooms.Find the nightly rate that will maximize
Income. 
A) $\$ 105.00$
B) $\$ 315.00$
C) $\quad \$ 132.50$
D) $\$ 210.00$
E) $\$ 55.00$

Quizplus · Accepted Answer

The Answer of A 330-room hotel is two-thirds filled when the nightly room rate is $100.Experience has shown that each $15 increase in cost results in 30 fewer occupied rooms.Find the nightly rate that will maximize
Income. 
A) $\$ 105.00$
B) $\$ 315.00$
C) $\quad \$ 132.50$
D) $\$ 210.00$
E) $\$ 55.00$

A 330-Room Hotel Is Two-Thirds Filled When the Nightly Room $105.00\$ 105.00$105.00

A 330-Room Hotel Is Two-Thirds Filled When the Nightly Room $\$ 105.00$