Question: A bus will hold 60 people. The number x of people per trip who use the bus is related to the fare charged (p dollars)

A bus will hold 60 people. The number x of people per trip who use the bus is related to the fare charged (p dollars) by the law p = [3 - (x/40)]2. Write an expression for the total revenue r(x) per trip received by the bus company. What number of people per trip will make the marginal revenue dr>dx equal to zero? What is the corresponding fare?

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To find the expression for the total revenue received by the bus company we can use the formula rx x ... View full answer

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