The hourly operating cost of a certain plane, which seats up to 295 passengers, is estimated to be $3,945. If an airline charges
passenger a fare of $95 per hour of flight, find the hourly profit P it earns operating the plane as a function of the number of passengers x. P(x) = Specify the domain. 0 lessthanorequalto x lessthanorequalto infinity 0 lessthanorequalto x lessthanorequalto 295 0 < x < 295 295 lessthanorequalto x lessthanorequalto infinity What is the least number of passengers it must carry to make a profit? The Metropolitan Company sells its latest product at a unit price of $3. Variable costs are estimated to be 50% of the total revenue, while fixed costs amount to $6,600 per month. How many units should the company sell per month to break even, assuming that it can sell up to 5,000 units per month at the planned price? units
1 answer:
You might be interested in
