Answer:
54
Step-by-step explanation:
Answer:
- r = 12.5p(32 -p)
- $16 per ticket
- $3200 maximum revenue
Step-by-step explanation:
The number of tickets sold (q) at some price p is apparently ...
q = 150 + 25(20 -p)/2 = 150 +250 -12.5p
q = 12.5(32 -p)
The revenue is the product of the price and the number of tickets sold:
r = pq
r = 12.5p(32 -p) . . . . revenue equation
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The maximum of revenue will be on the line of symmetry of this quadratic function, which is halfway between the zeros at p=0 and p=32. Revenue will be maximized when ...
p = (0 +32)/2 = 16
The theater should charge $16 per ticket.
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Maximum revenue will be found by using the above revenue function with p=16.
r = 12.5(16)(32 -16) = $3200 . . . . maximum revenue
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<em>Additional comment</em>
The number of tickets sold at $16 will be ...
q = 12.5(32 -16) = 200
It might also be noted that if there are variable costs involved, maximum revenue may not correspond to maximum profit.
Answer: salary is a form of payment from an employer to an employee, which may be specified in an employment contract and wages is monetary compensation (or remuneration, personnel expenses, labor) paid by an employer to an employee in exchange for work done.
Step-by-step explanation:
Answer:
That would be 14 miles ÷ 6 hours which would be 2.3333 or 2 and 1/3
Because is only one equal
