The answer in the first quadrant is
(2,3)
Answer:
y_-1x+b
Step-by-step explanation:
you substute the slope before the x
Answer:
Please rephrase, i cant understand the question
Answer:
a) p(x)=-0.0006x +21.6
b) $10.80
Step-by-step explanation:
a) Assuming that p(x) is linear, the slope can be found by:
Applying the point (21000; $9) to the general linear equation gives us the demand function:
b) Revenue is given by the number of tickets sold multiplied by the price, the revenue function is:
The value of x for which the revenue function's derivate is zero is the number of spectators that yield the maximum revenue:
At x = 18,000, tickets price are: