y=1 is the answer, there is no slope, so the formula y=mx+b turns into y=b, since 1 is the intercept 1 is b.
Answer:
5/6
Step-by-step explanation:
2/
3
: 4/
5
= 2/
3
· 5/
4
= 2 · 5/
3 · 4
= 10/
12
= 2 · 5/
2 · 6
= 5/
6
The price that will maximize profit is $ 5.50.
Since an auditorium has seats for 1200 people, and for the past several days, the auditorium has been filled to capacity for each show, and tickets currently cost $ 5.00 and the owner wants to increase the ticket prices, and he estimates that for each $ 0.50 increase in price, 100 fewer people will attend, to determine which is the price that will maximize profit, the following calculation must be made:
- 1200 x 5 = 6000
- 1100 x 5.5 = 6050
- 1000 x 6 = 6000
Therefore, the price that will maximize profit is $ 5.50.
Learn more in brainly.com/question/25313241
