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klasskru [66]
3 years ago
15

1. An average of 50,000 people visit Riverside Park each day in the

Mathematics
1 answer:
tiny-mole [99]3 years ago
7 0
N= Number of visitors and $P = price $R = Revenue 
<span>N = 50,000 - (P-15)*2500 </span>
<span>R = N*P = 50,000P -2,500P^2 + 15*2500P Answer (1) </span>
<span>R = 87,500P -2,500P^2 </span>
<span>dR/dP = 87,500 - 5000P = 0 for max </span>
<span>P = $17.50 for max revenue

Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions here.

</span>
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