Answer:question 1)$6.66.67
Question2) Rent and expenses =$760
Rent and expenses are too high for the budget
Step-by-step explanation:
1)$2000×(1/3)= $666.67
2)Rent and expenses =$(650+60+10+20+20)= $760
$2100×(1/3)= $700
Rent and expenses should not exceed one third of $2100, which is $700 but it exceeded by$60. Therefore budget is too high.
The actual distance between the cities is 50 miles
Let 0.25x is the price increase. Therefore, the number of attendees will be 350-10x and the revenue R=(350-10x)*(5+0.25x)=1750+37.5x-2.5x^2. This parabola has maximum at x=10, meaning the price=7.5
28.6 / 89.4 = 0.75 / x
cross multiply
28.6x = 67.05
x = 67.05 / 28.6
x = 2.34 <==
