The demand for monorail service on the Utarek monorail, which links the three urbynes (or districts) of Utarek on Mars, can be approximated by qlp) = 5.5 + 50 million rides per day (3 sps 8), where p is the cost per ride in zonars (7).t (a) Graph the demand function. q (p) 30 9(p) q(p) 3야 30 25 25 25 20 20 20 15 15 15 10 10 10 5. 5 8. q(p) 30 25 20 15 10 (b) What is the result on demand if the cost per ride is decreased from 7.00 to 7 4.007 (Round your answers to one decimal place.) Since q(7) = | ]and q(4) = [ ], the demand -Select--- : (c) If the demand function is extrapolated, what does its graph suggest will be the effect of increasing the price to extremely large values? Ridership decreases toward 5.5 million rides per day. O Ridership stabilizes at 50 million rides per day. O Ridership increases toward 5.5 million rides per day. O Ridership decreases toward 50 million rides per day. O Ridership increases toward 50 million rides per day.

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