8. (4 points) A city bus system carries 4000 passengers a day throughout a large city. The cost to ride the bus is $1.50
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8. (4 points) A city bus system carries 4000 passengers a day throughout a large city. The cost to ride the bus is $1.50
8. (4 points) A city bus system carries 4000 passengers a day throughout a large city. The cost to ride the bus is $1.50 per person. The owner realizes that 100 fewer people would ride the bus for each $0.25 increase in fare. What should the bus system charge to produce the largest possible revenue?
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