When a management training company prices its seminar on management techniques at $400 per person, 1,000 people will attend the seminar. The company estimates that for each $5 reduction in price, an additional 20 people will attend the seminar. Let x represent the number of $5 reductions.
When a management training company prices its seminar on management techniques at $400 per person, 1,000 people will attend the seminar. The company estimates that for each $5 reduction in price, an additional 20 people will attend the seminar. Let x represent the number of $5 reductions.
Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
Chapter8: Areas Of Polygons And Circles
Section8.5: More Area Relationships In The Circle
Problem 30E: At the Pizza Dude restaurant, a 12-in. pizza costs 5.40 to make, and the manager wants to make at...
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Use the Maximum Revenue information above to answer this question.
Since price cannot be negative, we have X ≤_________.
Use the Maximum Revenue information above to answer this question.
A negative value of X would result in a price increase.
Since the problem is stated in terms of price reductions, we must restrict X so that X≥ _____.
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