The student council plans to run the annual talent show to raise money for charity. Last year, tickets sold for $11 each and 400 people attended. The student council has decided to raise the ticket price for this year’s talent show. The student council has determined that,
The student council plans to run the annual talent show to raise money for charity. Last year, tickets sold for $11 each and 400 people attended. The student council has decided to raise the ticket price for this year’s talent show. The student council has determined that,
Chapter1: Equations, Inequalities, And Mathematical Modeling
Section1.6: Other Types Of Equations
Problem 8ECP: A high school charters a bus for $560 to take a group of students to an observatory. When 8 more...
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The student council plans to run the annual talent show to raise money for charity. Last year, tickets
sold for $11 each and 400 people attended. The student council has decided to raise the ticket price
for this year’s talent show. The student council has determined that, for every $ 1 increase in price,
the talent show attendance would decrease by 20 people.
Let x represent the number of $1 increases.
a) Write the revenue function from ticket sales. Do not simplify.
R(x) = _______________________________________
b) What ticket price would maximize the revenue?
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