The ticket price which will maximize the student's council is: C. $3.10.
<h3>What is price?</h3>
Price can be defined as an amount of money which is primarily set by the seller of a product, and it must be paid by a buyer to the seller, so as to enable the acquisition of this product.
Based on the information provided about Valley High School student council, we can logically deduce the following data:
- Total number of students = 420 students.
- Lowest ticket price = $2.00.
- Increase in ticket price = $0.20.
- Attendance = 20 fewer students
<h3>How to determine the ticket price?</h3>
Mathematically, the equation which model the profit is given by:
Profit = price × number of tickets sold
P(x) = (2 + 0.2x)(420 - 20x)
P(x) = 840 + 84x - 40x - 4x²
P(x) = -4x² + 44x + 840.
For any quadratic equation with a parabolic curve, the axis of symmetry is given by:
Xmax = -b/2a
Xmax = -44/2(-4)
Xmax = -44/-8.
Xmax = 5.5
Ticket price for maximum profit is given by:
Ticket price = 2 + 0.2x
Ticket price = 2 + 0.2(5.5)
Ticket price = $3.10.
Read more on maximized profit here: brainly.com/question/13800671
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this is approximately 6 to 200
divide both by 2
3 to 100
3 to 10^2
3 out of 100
Answer:
running a two year contract is the best i have to do with my life in this world and it has a great way to go through the
Answer: Quadrant 4
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Hello!
The objective of the veterinarian is to check if racing contributes to lameness in racing horses. To conduct a test the veterinarian should select at random two groups of horses, group one will be of racing horses and group two should be of not racing horses. Other than racing, all the other differences between the horses that may cause lame or resistance to lame should be controlled( confounding variables) such as age, breed, the number of weakly hours spent exercising, diet, obstacle-free environment, etc...
This type of study is an experimental design.
The experimental design is an analytic essay characterized by the fact that the investigator controls the study variable and the randomization of the samples. In which all the variables are controlled except the ones that you wish to study.
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