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4. The Soccer club sells hoodies as a fundraiser. They sell 1200 shirts a year at $20 each. They are planning to increase the price (P). A survey indicates that, for every $2 increase in price, there will be a drop of 60 sales (S) a year. What is the maximum revenue (R) the club could make? Which ticket price gives this maximum revenue? a) Write an equation to express the revenue (R), in terms of a price increase of x dollars. b) What is the maximum revenue the club could make?

4. The Soccer club sells hoodies as a fundraiser. They sell 1200 shirts a year at $20 each. They are planning to increase the price (P). A survey indicates that, for every $2 increase in price, there will be a drop of 60 sales (S) a year. What is the maximum revenue (R) the club could make? Which ticket price gives this maximum revenue? a) Write an equation to express the revenue (R), in terms of a price increase of x dollars. b) What is the maximum revenue the club could make?

Algebra for College Students
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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4. The Soccer club sells hoodies as a fundraiser. They sell 1200 shirts a year at $20 each. They are planning to increase the price (P). A survey indicates that, for every $2 increase in price, there will be a drop of 60 sales (S) a year. What is the maximum revenue (R) the club could make? Which ticket price gives this maximum revenue? a) Write an equation to express the revenue (R), in terms of a price increase of x dollars. b) What is the maximum revenue the club could make?
Transcribed Image Text:4. The Soccer club sells hoodies as a fundraiser. They sell 1200 shirts a year at $20 each. They are planning to increase the price (P). A survey indicates that, for every $2 increase in price, there will be a drop of 60 sales (S) a year. What is the maximum revenue (R) the club could make? Which ticket price gives this maximum revenue? a) Write an equation to express the revenue (R), in terms of a price increase of x dollars. b) What is the maximum revenue the club could make?
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