asked 102k views
1 vote
A tour bus in Jaipur serves 400 customers a day. The charge is Rs 50 per person. The owner of the bus service estimates that the company would lose 10 passengers a day for each Rs 5 fare increase.

(i) How much should the fare be in order to maximize the

asked
User Jaapze
by
8.1k points

1 Answer

11 votes
you should max 50 bc it’s the right answer
answered
User Leon Latsch
by
8.9k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.