Mathematics, 18.08.2021 21:00, anthonygarib24
A rapid-transit company has 5000 passengers daily, each currently paying a $2.25 fare. For each $0.50 increase, the company estimates that it will lose 150 passengers daily. If the company must be paid at least $15 275 each day to stay in business, what minimum fare must they charge to produce this amount of revenue?
$ 6.50
$ 3.25
$ 5.50
$ 4.50
Answers: 2
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A rapid-transit company has 5000 passengers daily, each currently paying a $2.25 fare. For each $0.5...
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