Mathematics, 18.02.2021 04:40 HarleyHailey
In 2005 the monorail in a certain city charged $3 per ride and had an average ridership of about 27,000 per day. In December 2005 the monorail company raised the fare to $5 per ride, and average ridership in 2006 plunged to around 15,000 per day.
(a)
Use the given information to find a linear demand equation. (p is the cost in dollars.)
q(p) =
Answers: 1
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In 2005 the monorail in a certain city charged $3 per ride and had an average ridership of about 27,...
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