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Volume and pricing collecting $1,450 in tolls incurred a daily cost of $2,000. The toll is $0.50 per passenger. a. How many people are using
Volume and pricing collecting $1,450 in tolls incurred a daily cost of $2,000. The toll is $0.50 per passenger. a. How many people are using the ferry boats each day? b. (1) If the $2,000 cost is entirely fixed, how much must each passenger be charged for the toll process to break even? Note: Round your answer to two decimal places (for example, round $4.655 to $4.66 ). (2) How much must each passenger be charged for the toll process to make a profit of $250 per day? Note: Round your answer to two decimal places (for example, round \$4.655 to \$4.66). $ falls, will the county be better or worse off than it is currently and by what amount? Note: Round your answer to two decimal places (for example, round $4.655 to $4.66 ). Betteroffby$ toll amount would the county first make a profit? Note: Round your answer to two decimal places (for example, round $4.655 to $4.66 ). The company would make a profit of $ x at a fare level of $
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