a taxi company currently has 9 cabs in its fleet


A taxi company currently has 9 cabs in its fleet, and its total daily cost is $4,750. If a taxi company adds a tenth cab, the company's total daily cost will increase to $4,800 and its total revenue will increase by $100 per day. Should the company add the tenth cab?

Request for Solution File

Ask an Expert for Answer!!
Microeconomics: a taxi company currently has 9 cabs in its fleet
Reference No:- TGS0498841

Expected delivery within 24 Hours