The ticket price that would maximize the total revenue would be $ 23.
Given that a football team charges $ 30 per ticket and averages 20,000 people per game, and each person spend an average of $ 8 on concessions, and for every drop of $ 1 in price, the attendance rises by 800 people, to determine what ticket price should the team charge to maximize total revenue, the following calculation must be performed:
- 20,000 x 30 + 20,000 x 8 = 760,000
- 24,000 x 25 + 24,000 x 8 = 792,000
- 28,000 x 20 + 28,000 x 8 = 784,000
- 26,000 x 22.5 + 26,000 x 8 = 793,000
- 27,200 x 21 + 27,200 x 8 = 788,000
- 26,400 x 22 + 26,400 x 8 = 792,000
- 25,600 x 23 + 25,600 x 8 = 793,600
- 24,800 x 24 + 24,600 x 8 = 792,000
Therefore, the ticket price that would maximize the total revenue would be $ 23.
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Answer:
The answer is x=−1247
Step-by-step explanation:
Let's solve your equation step-by-step.
1+39(12−44)=x
Step 1: Simplify both sides of the equation.
1+39(12−44)=x
1+−1248=x
(1+−1248)=x(Combine Like Terms)
−1247=x
−1247=x
Step 2: Flip the equation.
Answer: x=−1247
Answer:
jbhbchbhvbbhcbrhfbcbhshshbhsvhbhv;b;rvbhbhcrbihcbhc
Step-by-step explanation:
76.15 - 43.49 = 32.66
It costed him $32.66 to make the homemade jewelry.
Answer:
Option 4
Step-by-step explanation:
It's a geometric progression.
After t years,
500(1.1^t)
After 6 years,
500(1.1⁶) = 885.7805
