We read your photo as:
Find the number that will maximise the intake.
ScanSolve AI Answer
Answer
Step-by-step solution
5 stepsHere's the solution to maximize the intake.
Define variables and formulate the fare per passenger.
Let be the number of passengers.
The problem states that .
If is exactly 50, the fare is\600,000Nxx = N - 50$10,000 \times xF(N)$, is:Formulate the total intake function.
The total intake (revenue), , is the number of passengers multiplied by the fare per passenger:
Substitute the expression for :
Expand and simplify the expression:
Differentiate the intake function with respect to .
To find the number of passengers that maximizes the intake, we need to find the derivative of and set it to zero:
Set the derivative to zero and solve for .
Verify that this value of maximizes the intake.
The value is within the allowed range of .
To confirm it's a maximum, we can use the second derivative test:Since the second derivative is negative (), corresponds to a maximum intake.
The number of passengers that will maximize the intake is 55.
Try one yourself
A new problem that tests the same skill.
Still stuck on this one?
Ask a follow-up, and the answer starts from this question.