SOLUTION: (1 pt) A flight costs $9500 to operate, regardless of the number of passengers. Each ticket costs $135. Express profit, P, as a linear function of the number of passengers, n, on t
Question 777251: (1 pt) A flight costs $9500 to operate, regardless of the number of passengers. Each ticket costs $135. Express profit, P, as a linear function of the number of passengers, n, on the flight Answer by ramkikk66(644) (Show Source):
Profit = Revenue - Cost
Cost has two parts:
Fixed cost of operating the flight, irrespective of number of passengers = 9500
Variable cost for each passenger is not specified. Assume it is 0
So the total cost = $9500
Revenue:
Revenue from one passenger = cost of the ticket = $135
Total Revenue from n passengers = 135*n
Profit P = Total revenue - total cost = 135*n - 9500
is the linear function.
Hope you got it :)