If x represents the number of passengers measured in thousands, then for 10,000 passengers x would be 10.
To find the cost for 10,000 passengers, find the value of c(10). In other words, replace x in the equation for the airline's cost with the value 10 and evaluate.
Michael A.
tutor
You're welcome. For part 2, the revenue would be how much the airline made for flying 10,000 passengers. If we let R(x) = the revenue function = 320x, where x = the number of passengers in thousands, then R(10) would be 10,000 * 320. I assume the revenue would be in millions of dollars just as the cost is. Since you found the cost in part 1, then the profit would be R(10) - C(10).
For part 3, find the value of x when C(x) = 4 (million)
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05/26/17
Taylor P.
If the airline charges $320 per passenger, find the profit made by the airline for flying 10,000 passengers from New York to Atlanta. Use the equation editor to show all work. Write a sentence to explain your answer. Remember: Profit = Revenue - Cost
Part 3 of 3:
Approximate the number of passengers who traveled from New York to Atlanta if the total cost for the airline was $4 million. Use the equation editor to show all work. Write a sentence to explain your answer.
05/26/17