document.write( "<A HREF=/cgi-bin/jump-to-question.mpl?question=23336>Question 23336</A>: <I><SPAN STYLE=\"word-break: break-all;\"> In most businesses, increasing prices of their product can have a negative effect on the number of customers of the business. A bus company in a small town has an average number of riders od 1000 per day. The bus company charges 2.00 for a ride. They conducted a survey of their customers and found that they will lose appproximately 50 customers per day for each $.25 increase in fare. Give the description above, graph the function, explain your choice, and give the domain and range of the function.\r<BR>\n" );
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document.write( "Thank you livesavers!!!! </SPAN>\n" );
document.write( "</I><HR><TABLE width=100%><TR><TD><B><A HREF=http://www.algebra.com/>Algebra.Com's</A> Answer #12185 by </B><A HREF=/tutors/aboutme.mpl?userid=stanbon><B>stanbon(75887)</B></A><img src=\"/images/stars/stars-13.gif\" alt=\"\" >&nbsp;<A HREF=/tutors/aboutme.mpl?userid=stanbon><IMG SRC=http://www.algebra.com/images/aboutme-small.gif BORDER=0 alt=\"About Me\" VALIGN=MIDDLE></A>&nbsp;<IMG SRC=http://www.algebra.com/images/nopicture.jpg><BR>You can <A HREF=\"/cgi-bin/embed-solution.mpl?show=1&solution=12185\">put this solution on YOUR website!</A><BR><SPAN STYLE=\"word-break: break-all;\"> Let \"x\" be number of days that the increasing of prices has been in effect.<BR>\n" );
document.write( "Then average number os passengers will be 1000-50x.<BR>\n" );
document.write( "The price paid per passenger will be 200-25x cents.<BR>\n" );
document.write( "The income to the company will be:<BR>\n" );
document.write( "Income = (1000-50x)(200-25x)<BR>\n" );
document.write( "Domain will be 0<=x<=8 for practical purposes.<BR>\n" );
document.write( "Range of income will be 0<=income<=200000 cents<BR>\n" );
document.write( "as the equation relates to the problem.<BR>\n" );
document.write( "Just looking at the equation without reference to<BR>\n" );
document.write( "the problem the Domain and the Range would be all<BR>\n" );
document.write( "real numbers.  Hope you understand the difference.<BR>\n" );
document.write( "The equation is a model for the problem so has <BR>\n" );
document.write( "restricted applicable domain and range.\r<BR>\n" );
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document.write( "Cheers<BR>\n" );
document.write( "Stan H. </SPAN>\n" );
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