Answered

Discover a world of knowledge at Westonci.ca, where experts and enthusiasts come together to answer your questions. Experience the convenience of getting reliable answers to your questions from a vast network of knowledgeable experts. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

a commuter railway has 800 passengers per day and charges each one two dollars per day. for each 1 cents that the fare is increased, 5 fewer people will go by train. what is the greatest profit that can be earned?

Sagot :

michell96

The biggest profit that can be made is $ 4,050 with 450 passengers.

To know how many passengers the train needs to obtain the greatest profit, it is necessary to carry out the following operation.

  • Subtract 5 passengers from the total passengers, and then multiply the result by $ 2.1 as shown below:

  • 800 - 5 = 495
  • 795 x $ 2.1 = $ 1,680

This operation must be carried out repeatedly, decreasing by 5 passengers and increasing the value of the railway ticket by $ 0.1.

The highest value of gain that can be found with this procedure is as follows:

  • 800 - 350 = 450
  • 450 x $ 9.0 = $ 4,050.

Learn more in: https://brainly.com/question/14918190

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.