Write the Word or Phrase That Best Completes Each Statement

question 110

Short Answer

Write the word or phrase that best completes each statement or answers the question.
-Each day the commuter train transports x passengers to or from the city at $1.75/passenger. The daily fixed cost
for running the train is $1200. Write an equation that relates the daily profit, P, in dollars to the number of
passengers each day. Then use the equation to find the daily profit when the train has 920 passengers in a day.

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Definitions:

Productivity

The metric for assessing how effectively a person, machine, or system transforms inputs into valuable outputs.

Competitive Advantage

A situation or factor that gives a business a competitive edge or advantageous standing in its industry.

Lost Productivity

The reduction in work output or efficiency, often due to various hindrances or inefficiencies.

Organizational Competitiveness

The ability of an organization to develop and maintain an edge over its competitors through strategies that attract and retain customers, improve quality, and enhance innovation.