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A new ride opened in the local amusement park. The ride charges $3.00 per visitor. The ride has a fixed cost of $10,000 per year
A new ride opened in the local amusement park. The ride charges $3.00 per visitor. The ride has a fixed cost of $10,000 per year and variable cost of $2.50 per visitor. Maximum capacity of visitors per year is 100,000. a) Develop the mathematical relationship for total cost and total revenue. b) What is the total number of visitors that will allow the ride to just break even
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