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A charted bus company has the following price structure. A single bus ticket costs $40. For each additional ticket sold to a group of travelers, the price per ticket is reduced by $1.00. The reduced price applies to all the tickets sold to the group. a. Calculate the total cost for one, two, and five tickets. One ticket: $ Two tickets: $ Five tickets: $ b. Using your calculations in part (a) as a guide, find a quadratic function that gives the total cost of the tickets, in terms of the number of tickets sold, c. C(x) = Preview c. How many tickets must be sold to maximize the revenue for the bust company? tickets

A charted bus company has the following price structure. A single bus ticket costs $40. For each additional ticket sold to a group of travelers, the price per ticket is reduced by $1.00. The reduced price applies to all the tickets sold to the group. a. Calculate the total cost for one, two, and five tickets. One ticket: $ Two tickets: $ Five tickets: $ b. Using your calculations in part (a) as a guide, find a quadratic function that gives the total cost of the tickets, in terms of the number of tickets sold, c. C(x) = Preview c. How many tickets must be sold to maximize the revenue for the bust company? tickets

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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A charted bus company has the following price structure. A single bus ticket costs $40. For each additional ticket sold to a group of travelers, the price per ticket is reduced by $1.00. The reduced price applies to all the tickets sold to the group. a. Calculate the total cost for one, two, and five tickets. One ticket: $ Two tickets: $ Five tickets: $ b. Using your calculations in part (a) as a guide, find a quadratic function that gives the total cost of the tickets, in terms of the number of tickets sold, x. C(x) = Preview c. How many tickets must be sold to maximize the revenue for the bust company? tickets
Transcribed Image Text:A charted bus company has the following price structure. A single bus ticket costs $40. For each additional ticket sold to a group of travelers, the price per ticket is reduced by $1.00. The reduced price applies to all the tickets sold to the group. a. Calculate the total cost for one, two, and five tickets. One ticket: $ Two tickets: $ Five tickets: $ b. Using your calculations in part (a) as a guide, find a quadratic function that gives the total cost of the tickets, in terms of the number of tickets sold, x. C(x) = Preview c. How many tickets must be sold to maximize the revenue for the bust company? tickets
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