Math Problem Statement
The hourly operating cost of a certain plane, which seats up to 150 passengers, is estimated to be $8,395. If an airline charges each passenger a fare of $230 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) =
Specify the domain. (Enter your answer using interval notation.)
What is the least number of passengers it must carry to make a profit? (Round your answer up to the nearest passenger.) passengers
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Functions
Profit Calculation
Formulas
Profit function: P(x) = Revenue - Cost
Revenue: 230x
Cost: 8395
Theorems
Linear Function Properties
Suitable Grade Level
Grades 9-12
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