Mathematics
Mathematics, 04.05.2020 23:54, maevemboucher78

A transit company charges $1.25 per ride and currently averages 27,500 riders per day. The company needs to increase revenue but found that for each $0.10 increase in fare the company would lose 1000 riders. What should the company charge to maximize revenues?

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A transit company charges $1.25 per ride and currently averages 27,500 riders per day. The company n...

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