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8. A commuter train carries 2000 passengers daily from a suburb into a large city. The cost to ride the train is $ 7 per
Posted: Wed May 11, 2022 4:45 am
by answerhappygod
- 8 A Commuter Train Carries 2000 Passengers Daily From A Suburb Into A Large City The Cost To Ride The Train Is 7 Per 1 (19.22 KiB) Viewed 28 times
8. A commuter train carries 2000 passengers daily from a suburb into a large city. The cost to ride the train is $ 7 per person. Market search shows that 40 fewer people would ride the train for each $0.10 increase in the fare, and 40 more people would ride the train for each $0.10 decrease. If the capacity of the train is 2600 passengers, and carrying fewer than 1600 passengers means costs exceed revenue, what fare should the railway charge to get the largest possible revenue? (K/T/A/C) /8