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Science:Math Exam Resources/Courses/MATH100 C/December 2024/Question 11 (c)/Solution 1

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Since f(p) is a parabola pointing down, its maximum occurs at its only critical point. To find the critical point, we compute the derivative:

f(p)=p+135.

Setting it to zero, we get p+135=0,andp=135.

So, they should charge $135 per night.