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Two Rental Airplanes Fly a Total of 53 H in One

question 9

Multiple Choice

Two rental airplanes fly a total of 53 h in one month. One plane rents for $50/h and the other rents for $60/h. The total income of the two planes was $2,900. Find the number of hours each plane flew for the month.

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Definitions:

Market Entry

The process by which a new competitor enters an existing market to offer goods or services.

Profits Maximize

The process of adjusting production and operations to achieve the highest possible profit margins.

Restaurant Industry

A sector of the economy that is concerned with the preparation, sale, and service of food and beverages to customers.

Quantity

The amount or number of a material or immaterial good considered as a unit or units.

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