8. A community theater uses the function P(d) = (-4d+40) (d-40) to model the profit (in dollars) expected in a weekend when the tickets to a comedy show are priced at d dollars each. At what price would the theater make the maximum profit, and what is that maximum profit? Show your work. The maximum profit occurs when tickets cost $. The maximum profit would be $

8. A community theater uses the function P(d) = (-4d+40) (d-40) to model the profit (in dollars) expected in a weekend when the tickets to a comedy show are priced at d dollars each. At what price would the theater make the maximum profit, and what is that maximum profit? Show your work. The maximum profit occurs when tickets cost $. The maximum profit would be $

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter22: Supply: The Costs Of Doing Business

Section: Chapter Questions

Problem 14E

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