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    Mathematics - Calculus - Maximizing Revenue

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    You can operate a train if at least 200 people buy tickets. The fare will be $8 per person if 200 people buy tickets, but will decrease 1 cent for each additional person over 200. what number of passangers will bring the railroad the maximum revenue?

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    https://brainmass.com/math/basic-calculus/mathematics-calculus-maximizing-revenue-222786

    Solution Preview

    Let the number of units of one-cent reduction in the ticket cost be N. Then we have, the

    revenue ...

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    A Complete, Neat and Step-by-step Solution is provided.

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