Ddd W.

asked • 07/27/23

calculus 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 , but research shows that for each fare increase of $0.02, ridership will go down by 271 people.

  1. Create a function to represent the revenue of the train service after xincreases of $0.02. 
  2. Given the constraints of the problem, what is the domain of your function? 
  3. What fare should be charged to maximize revenue? 
  4. If each rider costs the rail service $0.10, what fare should be charged to maximize profit? 


Frank T.

tutor
The cost is pi dollars?
Report

07/27/23

1 Expert Answer

By:

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.