Math Problem Statement
The hourly operating cost of a plane that seats up to 381 passengers is estimated to be $11,550. If an airline charges each passenger a fare of $210 per hour of flight, find the hourly profit P it earns operating the plane as a function of the number of passengers x. [HINT: The cost function is constant (variable cost = 0).] P(x) =
Correct: Your answer is correct. Good work! Specify the domain. (Enter your answer using interval notation.)
Solution
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Math Problem Analysis
Mathematical Concepts
Profit Function
Cost Function
Revenue Function
Domain and Range
Formulas
Profit function: P(x) = R(x) - C(x)
Revenue function: R(x) = 210x
Cost function: C(x) = 11,550
Theorems
-
Suitable Grade Level
High School
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