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AlladinOne [14]
3 years ago
12

A transit company carries about 80 000 riders per day for a fare of $1.25. To obtain more revenue, the management plans to incre

ase the fare. It estimates that for every 5 cent increases in fare, it will lose 1000 riders. What fare would result in the greatest revenue and what would the maximum revenue be?
Mathematics
1 answer:
r-ruslan [8.4K]3 years ago
8 0
137 812.5 is the answer
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