
Ddd W.
asked 07/27/23calculus word problem
A train service carries 20,000 people daily between Rationalia and Real City. The rail line could serve up to 31,000 people. The cost to ride the train is $π, but research shows that for each fare increase of $0.02, ridership will go down by 271 people.
- Create a function to represent the revenue of the train service after xincreases of $0.02.
- Given the constraints of the problem, what is the domain of your function?
- What fare should be charged to maximize revenue?
- If each rider costs the rail service $0.10, what fare should be charged to maximize profit?
1 Expert Answer
Andrew D. answered 08/04/23
Degree in applied mathematics with calculus tutoring experience
I glossed over a number of details because of time restraints, but this hits the major points.
Still looking for help? Get the right answer, fast.
Get a free answer to a quick problem.
Most questions answered within 4 hours.
OR
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.
Frank T.
07/27/23