) there is a hotel which has 50 rooms. when the rate is $180/night, all rooms will be booked up. there will be one more room available when the rate is increased by $10. for example, when it is $200/night, 48 rooms will be booked. for each room booked, the hotel has to pay $20 for maintenance. whats the best rate for the hotel in order to maximize the profit
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Category: ecology |
Author: Torquil Vilhelm
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