The ticket price which will maximize the student's council is: C. $3.10.
<h3>What is price?</h3>
Price can be defined as an amount of money which is primarily set by the seller of a product, and it must be paid by a buyer to the seller, so as to enable the acquisition of this product.
Based on the information provided about Valley High School student council, we can logically deduce the following data:
- Total number of students = 420 students.
- Lowest ticket price = $2.00.
- Increase in ticket price = $0.20.
- Attendance = 20 fewer students
<h3>How to determine the ticket price?</h3>
Mathematically, the equation which model the profit is given by:
Profit = price × number of tickets sold
P(x) = (2 + 0.2x)(420 - 20x)
P(x) = 840 + 84x - 40x - 4x²
P(x) = -4x² + 44x + 840.
For any quadratic equation with a parabolic curve, the axis of symmetry is given by:
Xmax = -b/2a
Xmax = -44/2(-4)
Xmax = -44/-8.
Xmax = 5.5
Ticket price for maximum profit is given by:
Ticket price = 2 + 0.2x
Ticket price = 2 + 0.2(5.5)
Ticket price = $3.10.
Read more on maximized profit here: brainly.com/question/13800671
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Answer:
Step-by-step explanation:
the quotient means divide
7/y
the first number is the numerator and the second number is the denominator
Hello,
Please, see the attached files.
Thanks.
Answer:
Kindly check explanation
Step-by-step explanation:
Given the data:
54 79 100 70 75 56 88
55 78 75 55 72 60 80
55 88 80 85 69 71 60
90 64 77 88 65 102 70
Class____frequency____cumulative frequency
54 - 63_____7_____________7
64 - 73_____7_____________14
74 - 83_____7_____________21
84 - 93_____5_____________26
94 - 103____2_____________28
528= 8x+240
288=8x
x=36 hours
