1.)If the airline charges $320 per passenger, find the profit made by the airline for flying 10,000 passengers from New York to Atlanta. Use the equation editor to show all work. Write a sentence to explain your answer. Remember: Profit = Revenue - Cost
2.)Approximate the number of passengers who traveled from New York to Atlanta if the total cost for the airline was $4 million. Use the equation editor to show all work. Write a sentence to explain your answer.
ok - what is the cost?
did you use an editor?
1.) To find the profit made by the airline for flying 10,000 passengers from New York to Atlanta, we can start by calculating the revenue generated by the airline. The revenue is given by the formula:
Revenue = Price per passenger * Number of passengers.
In this case, the price per passenger is $320, and the number of passengers is 10,000. So, the revenue can be calculated as:
Revenue = $320 * 10,000 = $3,200,000.
Next, we need to calculate the cost incurred by the airline for flying these passengers. Since the question does not provide any specific information about the cost, we assume that it is not given. Therefore, we cannot determine the exact profit made by the airline. We can only calculate the revenue as $3,200,000.
2.) To approximate the number of passengers who traveled from New York to Atlanta if the total cost for the airline was $4 million, we can rearrange the formula for revenue to solve for the number of passengers. The formula is:
Revenue = Price per passenger * Number of passengers.
In this case, the total cost for the airline is given as $4 million, which is equivalent to $4,000,000. We know the price per passenger is $320. Let's assume the number of passengers as "x". So, the equation becomes:
$4,000,000 = $320 * x.
To solve for x, we divide both sides of the equation by $320:
x = $4,000,000 / $320 = 12,500.
Therefore, approximately 12,500 passengers traveled from New York to Atlanta.