Mathematics, 02.12.2021 21:30 tfyfejeje1739
The city transit system carries an average of 4925 passengers a day, at a fare of $3.75 each. The city is looking for ways to help its citizens by reducing the fare, but still maximize revenue. Survey shows that the number of passengers will increase by 167 for every $0.10 decrease in fare.
What fare will result in maximum revenue?
What will be the maximum revenue?
How many daily passengers will they gain at this new fare?
Answers: 1
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The city transit system carries an average of 4925 passengers a day, at a fare of $3.75 each. The ci...
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