Answer:
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The ticket price that would maximize the total revenue would be $ 23.
Given that a football team charges $ 30 per ticket and averages 20,000 people per game, and each person spend an average of $ 8 on concessions, and for every drop of $ 1 in price, the attendance rises by 800 people, to determine what ticket price should the team charge to maximize total revenue, the following calculation must be performed:
- 20,000 x 30 + 20,000 x 8 = 760,000
- 24,000 x 25 + 24,000 x 8 = 792,000
- 28,000 x 20 + 28,000 x 8 = 784,000
- 26,000 x 22.5 + 26,000 x 8 = 793,000
- 27,200 x 21 + 27,200 x 8 = 788,000
- 26,400 x 22 + 26,400 x 8 = 792,000
- 25,600 x 23 + 25,600 x 8 = 793,600
- 24,800 x 24 + 24,600 x 8 = 792,000
Therefore, the ticket price that would maximize the total revenue would be $ 23.
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Answer:
B
Step-by-step explanation:
Not all of the pairs represent the same ratio
Answer:
Which unit rate is equivalent to 14 miles per gallon? (1 point
Step-by-step explanation:
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Answer: x = 0
y = 2
z = -1
Step-by-step explanation:
The system of equations are
x+y+z=1 - - - - - - - - - - 1
-2x+4y+6z=2 - - - - - - - - - 2
-x+3y-5z=11 - - - - - - - - - 3
Step 1
We would eliminate x by adding equation 1 to equation 3. It becomes
4y -4z = 12 - - - - - - - - - 4
Step 2
We would multiply equation 1 by 2. It becomes
2x + 2y + 2z = 2 - - - - - - - - - 5
We would add equation 2 and equation 5. It becomes
6y + 8z = 4 - - - - - - - - - 6
Step 3
We would multiply equation 4 by 6 and equation 6 by 4. It becomes
24y - 24z = 72 - - - - - - - - 7
24y + 32z = 16 - - - - - - - - 8
We would subtract equation 8 from equation 7. It becomes
-56z = 56
z = -56/56 = -1
Substituting z = -1 into 7, it becomes
24y - 24×-1 = 72
24y + 24 = 72
24y = 72 - 24 = 48
y = 48/24 = 2
Substituting y = 2 and z = -1 into equation 1, it becomes
x + 2 - 1 = 1
x = 1 - 1 = 0
