Order Your Paper From the most reliable Essay writing Service. 

.

 



Question: Suppose a Canyon Tour in the Grand Canyon costs Sunset Canyons Tour Company $800 per run. Each Ca...

Show transcribed image text Suppose a Canyon Tour in the Grand Canyon costs Sunset Canyons Tour Company $800 per run. Each Canyon Tour can hold 25 tourists, meaning that the cost per seat is $32.00 regardless of how many people are on board. Assume that Sunset Canyons Tour Company would like to maximize profits. Sunset Canyons Tour Company charges $50.00 per ticket purchased in advance. If they sell 21 tickets in advance, how much revenue does the company generate? What is Sunset Canyons Tour Company's profit on this tour? Suppose that there are customers willing to pay no more than $20.00 to fill an empty seat the day of the tour (referred to as standby tickets). What is Sunset Canyons Tour Company's revenue if it sells 4 standby tickets for $20,00 each in addition to the advanced ticket sales? If It sells standby tickets, what is Sunset Canyons Tour Company's profit?

Suppose a Canyon Tour in the Grand Canyon costs Sunset Canyons Tour Company $800 per run. Each Canyon Tour can hold 25 tourists, meaning that the cost per seat is $32.00 regardless of how many people are on board. Assume that Sunset Canyons Tour Company would like to maximize profits. Sunset Canyons Tour Company charges $50.00 per ticket purchased in advance. If they sell 21 tickets in advance, how much revenue does the company generate? What is Sunset Canyons Tour Company's profit on this tour? Suppose that there are customers willing to pay no more than $20.00 to fill an empty seat the day of the tour (referred to as standby tickets). What is Sunset Canyons Tour Company's revenue if it sells 4 standby tickets for $20,00 each in addition to the advanced ticket sales? If It sells standby tickets, what is Sunset Canyons Tour Company's profit?