Posted by **coni** on Saturday, March 24, 2007 at 6:59pm.

In most businesses, increasing prices of products can negatively impact the number of customers. A bus company in a small town has an average number of riders of 800 per day. The bus company charges $2.25 for a ride. They conducted a survey of their customers and found that they will lose approximately 40 customers per day for each $.25 increase in fare.

Makes sense to me!

What is your question? Assuming that the survey is correct, the increases will still lead to a greater daily income.

I hope this helps a little more. Thanks for asking.

## Answer This Question

## Related Questions

- algebra - In most businesses, increasing prices of products can negatively ...
- math - The city bus company usually transports 12000 riders per day at a ticket ...
- math - The city bus company usually transports 12000 riders per day at a ticket ...
- Deepa - A bus service carries 10 000 people daily between Ajax and Unoin Station...
- math - the distance between town A and town B was 210km. At 9:20pm a bus sets ...
- Math - The distance between Town A and Town B was 210 km. At 9:20 P.M., a bus ...
- math - The distance between town A and town B was 210 km. At 9:20 pm, a bus set ...
- math - Ivanna is going to rent a truck for one day. There are two companies she ...
- Math - Charlie is going to rent a truck for one day. There are two companies he ...
- ALGEBRA 1 - A nonstop bus ride from the bus station in Atlantic City, New Jersey...

More Related Questions