Answer:
7500 is the answer
Step-by-step explanation:
Product means a quantity obtained by multiplying quantities together, so if you multiply 7.5 and 1000 you get that answer :)
Answer:
- r = 12.5p(32 -p)
- $16 per ticket
- $3200 maximum revenue
Step-by-step explanation:
The number of tickets sold (q) at some price p is apparently ...
q = 150 + 25(20 -p)/2 = 150 +250 -12.5p
q = 12.5(32 -p)
The revenue is the product of the price and the number of tickets sold:
r = pq
r = 12.5p(32 -p) . . . . revenue equation
__
The maximum of revenue will be on the line of symmetry of this quadratic function, which is halfway between the zeros at p=0 and p=32. Revenue will be maximized when ...
p = (0 +32)/2 = 16
The theater should charge $16 per ticket.
__
Maximum revenue will be found by using the above revenue function with p=16.
r = 12.5(16)(32 -16) = $3200 . . . . maximum revenue
_____
<em>Additional comment</em>
The number of tickets sold at $16 will be ...
q = 12.5(32 -16) = 200
It might also be noted that if there are variable costs involved, maximum revenue may not correspond to maximum profit.
Answer:
Two (2) terms
Step-by-step explanation:
<u><em>ALWAYS </em></u> remember a <em>term is a part of an algebraic expression that is separated by addition.</em>
The expression here is quite simple: 
But remember what I explained above; therefore, the expression would be written like this: 
giving you two (2) terms.
<em>Hope this helps!</em>
Answer:
$4.25
Explanation:
You need to divide 12.75 by 3 in order to find the price of one ticket.
