Multiple Choice
A commuter train carries 600 passengers each day from a suburb to a city. It now costs $1 per person to ride the train. A study shows that 50 additional people will ride the train for each 5 cent reduction in fare. What fare should be charged in order to maximize total revenue?
A) 78 cents
B) 79 cents
C) 80 cents
D) 85 cents
Correct Answer:
Verified
Correct Answer:
Verified
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