Ask Question
3 November, 23:29

A transit company carries about 80 000 riders per day for a fare of $1.25. To obtain more revenue, the management plans to increase the fare. It estimates that for every 5 cent increases in fare, it will lose 1000 riders. What fare would result in the greatest revenue and what would the maximum revenue be?

+2
Answers (1)
  1. 4 November, 01:17
    0
    137 812.5 is the answer
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A transit company carries about 80 000 riders per day for a fare of $1.25. To obtain more revenue, the management plans to increase the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers