Question: A bus will hold 60 people. The number x of people per trip who use the bus is related to the fare charged in p dollars by the law

Write an expression for the total revenue r(x) per trip received by the bus company.

(a) What number of people per trip will make marginal revenue () equal to zero?

(b) What is the corresponding fare?

(c) Should the bus company consider revising its fare structure?

Given the above problem, provide written responses to address the following points as precisely and thoroughly as possible.

A. Explain the problem in your own words.

B. What mathematical concepts learned in this module apply to this problem?

C. Explain the steps must you take to solve this problem?

D. What is the most difficult aspect of solving this problem?

E. Explain exactly what the answer means from a mathematical perspective.