Question

123

Answer 1

3*41

Answer 2

when the fare increases be 50 cents, the number of passengers decreases by 50. When fare person $3.25 the number of passengers became 5000. What fare price will maximize the revenue?

Answer 3

Introduce variables for the various quantities and write down the given statements as mathematical equations. Then you can setup the revenue as a function of the fare and search for local and global extrema.

Answer 4

Thank you