Question
A walk-on ferry carries 6000 passengers per day for a fare of $12.00. A survey show that if the fare is decreased, the number of
A walk-on ferry carries 6000 passengers per day for a fare of $12.00. A survey show that if the fare is decreased, the number of passengers will increase by 500 for every 50 cent decrease. What fare would result in the greatest revenue?
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Federal Taxation 2016 Comprehensive
Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson
29th Edition
134104374, 978-0134104379
