The table gives the price t, in dollars, of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly profit P for that airline on that route. Round-trip Airfares Ticket Price Profit (thousands dollars) (dollars) 200 3080 250 3520 300 3760 350 3820 400 3700 450 3380 (a) Find a quadratic model for the data. (Round all numerical values to three decimal places.) P(t) = (b) Use the model to calculate the average rate of change of profit when the ticket price rises from $250 to $300. (Round your answer to three decimal places.) thousand dollars per dollar (c) Use the model to calculate the average rate of change of profit when the ticket price rises from $350 to $400. (Round your answer to three decimal places.) thousand dollars per dollar

The table gives the price t, in dollars, of a round-trip flight from Denver to Chicago on a certain airline and the corresponding monthly profit P for that airline on that route. Round-trip Airfares Ticket Price Profit (thousands dollars) (dollars) 200 3080 250 3520 300 3760 350 3820 400 3700 450 3380 (a) Find a quadratic model for the data. (Round all numerical values to three decimal places.) P(t) = (b) Use the model to calculate the average rate of change of profit when the ticket price rises from $250 to $300. (Round your answer to three decimal places.) thousand dollars per dollar (c) Use the model to calculate the average rate of change of profit when the ticket price rises from $350 to $400. (Round your answer to three decimal places.) thousand dollars per dollar

Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)

6th Edition

ISBN:9781337111348

Author:Bruce Crauder, Benny Evans, Alan Noell

Publisher:Bruce Crauder, Benny Evans, Alan Noell

Chapter5: A Survey Of Other Common Functions

Section5.6: Higher-degree Polynomials And Rational Functions

Problem 3E: Traffic Accidents The following table shows the cost C of traffic accidents. in cents per...

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