Buses are to be charted for an excursion. The bus company charges $20.00 per ticket if not more than 200 passengers go with the trip. However, the company agrees to reduce the price of every ticket $0.05 for each passenger in excess of 200 passengers. What number of passengers will produce the maximum gross income?
Buses are to be charted for an excursion. The bus company charges $20.00 per ticket if not more than 200 passengers go with the trip. However, the company agrees to reduce the price of every ticket $0.05 for each passenger in excess of 200 passengers. What number of passengers will produce the maximum gross income?
Traffic and Highway Engineering
5th Edition
ISBN:9781305156241
Author:Garber, Nicholas J.
Publisher:Garber, Nicholas J.
Chapter13: Evaluating Transportation Alternatives
Section: Chapter Questions
Problem 5P
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Buses are to be charted for an excursion. The bus company charges $20.00 per ticket if not
more than 200 passengers go with the trip. However, the company agrees to reduce the price
of every ticket $0.05 for each passenger in excess of 200 passengers. What number of
passengers will produce the maximum gross income?
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