Find price to charge to maximize the profit in motel service


You deal with the 140 unit motel. Every unit will be occupied, on average, when you charge $50 per day per unit. Experience illustrates that for each $1 per day per unit that you increase price, you will accrue 2 vacancies. Every occupied room costs $4 per day to clean and supply. On this basis, find price, in dollars, must you charge per unit per day to maximize the profit?

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Mathematics: Find price to charge to maximize the profit in motel service
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