If club members charge $3 admission to a classic car show, 1000 people will attend, and for each $1 increase in price, 100 fewer people will attend. What price will give the maximum revenue for the show? $__ Find the maximum revenue. $__

College Algebra
10th Edition
ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 6ECP: A football quarterback throws a pass from the 10-yard line, 10 yards from the sideline. A wide...
icon
Related questions
Topic Video
Question
100%

If club members charge $3 admission to a classic car show, 1000 people will attend, and for each $1 increase in price, 100 fewer people will attend. What price will give the maximum revenue for the show?

$__

Find the maximum revenue.

$__

Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 5 images

Blurred answer
Knowledge Booster
Rules of Differentiation
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.
Recommended textbooks for you
College Algebra
College Algebra
Algebra
ISBN:
9781337282291
Author:
Ron Larson
Publisher:
Cengage Learning
Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
Algebra
ISBN:
9781133382119
Author:
Swokowski
Publisher:
Cengage
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Big Ideas Math A Bridge To Success Algebra 1: Stu…
Algebra
ISBN:
9781680331141
Author:
HOUGHTON MIFFLIN HARCOURT
Publisher:
Houghton Mifflin Harcourt