Given that a bus can hold up to 60 passengers for a single trip from Town A to Town B. Number of passenger, x per trip is charged with a fare of p Ringgit Malaysia using the equation p = (3 -2. 40 i) Provide an expression for the earning / revenue r(x) per trip received by the bus company. ii) In order to prevent loss in the company, marginal revenue has to be equal to zero. Find the number of people per trip that will make the marginal revenue equal to zero, where marginal revenue is differentiation of r(x) with respect to x.
Given that a bus can hold up to 60 passengers for a single trip from Town A to Town B. Number of passenger, x per trip is charged with a fare of p Ringgit Malaysia using the equation p = (3 -2. 40 i) Provide an expression for the earning / revenue r(x) per trip received by the bus company. ii) In order to prevent loss in the company, marginal revenue has to be equal to zero. Find the number of people per trip that will make the marginal revenue equal to zero, where marginal revenue is differentiation of r(x) with respect to x.
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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