carpool service has 2 000 daily riders A one way ticket
Last updated: 5/24/2023
carpool service has 2 000 daily riders A one way ticket costs 5 00 The service estimates that for each 1 00 increase to the one way fare 00 passengers will find other means of transportation Let x represent the number of 1 00 increases in ticket price Choose the inequality to represent the values of x that would allow the carpool service to have revenue of at least 12 000 Then use the nequality to select all the correct statements D W The price of a one way ticket that will maximize revenue is 7 50 100 2 1 500 10 000 1002 1 500 10 000 100x2 1 500 10 000 12 000 The maximum profit the company can make is 15 625 00 The maximum profit the company can make is 4 125 00 The price of a one way ticket that will maximize revenue is 12 50 12 000 12 000