Question

A travel agent is planning a week-long ski trip for students at a local university.

The package includes airfare, transfers, lodging, breakfast and dinner each day, and

lift tickets. The price is $450 per person unless the number of persons signing up

exceeds 150. In this case, the package price for all persons is reduced by $2.50 for

each person in excess of 150. If p equals to price of the package in dollars and n

equals the number of persons signing up for the tour, determine the function

p=f(n).​

Answer 1

Step-by-step explanation:

A company is planning on producing a selling three products. The following

table summarise price and cost data for the three products. Company officials

estimate that the three products will sell in a mix such that 3 units of product 2 and

5 units of product 3 will be sold for each 2 sold of product 1. If fixed costs are

estimated at $3.75 million determine the number of units of each product needed

to break even.

Product 1 Product 2 Product 3

Selling price $85 $80 $95

Variable cost/pair 50 40 67