Suppose that 50 students are able to raise $250 for a gift when each one contributes $5. Furthermore, they figure that for each additional student they can find to contribute, the cost per student will decrease by a nickel. How many additional students will they need to maximize the amount of money they will have for a gift?
Suppose that 50 students are able to raise $250 for a gift when each one contributes $5. Furthermore, they figure that for each additional student they can find to contribute, the cost per student will decrease by a nickel. How many additional students will they need to maximize the amount of money they will have for a gift?
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CR: Review Problem Set
Problem 50CR
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Suppose that 50 students are able to raise $250 for a gift when each one contributes $5. Furthermore, they figure that for each additional student they can find to contribute, the cost per student will decrease by a nickel. How many additional students will they need to maximize the amount of money they will have for a gift?
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