Unit cost of a ticket = Income from ticket sales / number of tickets sold:
$1250
--------------- = $6.58 per ticket
190 tickets
Again:
$1175
--------------- = $6.71
175 tickets
While ticket prices do change (usually increase) from year to year, it's unusual to see such a situation here.
Don't have any guidelines by which to determine the "fixed cost of a ticket".
If we use the cost of a ticket of 2 years ago ($6.58/ticket), then the income from the sale of 225 tickets this year would be ($6.58/ticket)(225 tickets), or $1480.50.
If you had a fair coin, the probability of seeing heads is 1/2, meaning you’d see heads 30 times
9514 1404 393
Answer:
-5/2
Step-by-step explanation:
The average rate of change is the slope of the line between the two points. You can see from the graph that the slope is ...
slope = rise/run = -5/2
The average rate of change on the interval is -5/2.
The answer is: 41.17647059%
