Is Lyft a Uber?

Wall Street Journal headline seen on 4 January 2016: "GM Invests $500 Million in Lyft".

Lyft pricing in Tempe, Arizona, on 5 January 2016.

   $1.50 base charge
   $0.95 per mile
   $0.17 per minute
   $1.80 trust & service charge
   $4.00 minimum
   $5.00 cancel penalty
Exercises
  1. Define a linear function M(d) that outputs the cost of using Lyft in Tempe AZ for d miles. Note: the beginning value is zero.

  2. Define a linear function T(t) that outputs the cost of using Lyft in Tempe AZ for t minutes. Note: the beginning value is zero.

  3. Define a linear function F(x) that outputs the fixed (i.e. constant) cost of using Lyft in Tempe AZ for x minutes (or x miles). Note: "base charge" and the "trust & service charge" are both fixed costs.

  4. The cost of using Lyft in Tempe AZ for a 5 mile trip that takes 9 minutes is $___________.


Creator: Gerald Thurman [gthurman@gmail.com]
Created: 05 January 2016 (posted 08 January 2016)

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This work is licensed under a Creative Commons Attribution 3.0 United States License.