A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $10 the average attendance has been 250
1 answer:
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Answer:
The maximum revenue is 16000 dollars (at p = 40)
Step-by-step explanation:
One way to find the maximum value is derivatives. The first derivative is used to find where the slope of function will be zero.
Given function is:
Taking derivative wrt p
Now putting R'(p) = 0
As p is is positive and the second derivative is -20, the function will have maximum value at p = 40
Putting p=40 in function
The maximum revenue is 16000 dollars (at p = 40)
Answer:
Option C : is the correct answer.
Step-by-step explanation:
Given that:
Quantity of flour bought by Priya = x grams
Quantity of flour bought by Clara = 3/8 more than that
It means that Clara bought the amount bought by Priya plus an additional 3/8 of flour that was bought by Priya
Total bought = y
y = x +
Hence,
Option C : is the correct answer.