We can write that as a function:
where 
is the number of price reductions. We can see that it is a quadratic function which has the biggest value at P = (p, q). It means that p is the number of reductions which results in the biggest profit.
It means that it's the best to make 2 price reductions for the company. The tickets should be sold for $200 - 2 * $20 = $160. It results in 2 * 50 more tickets sold which is 300 + 100 = 400.
Answer:
Ticket price: $160
Number of tickets: 400
Here the monthly payment is $1500.
Now 12% of this payment is interest.
Now 12% of 1500 = 0.12 ×1500 = $180
But this is the interest for one month.
As deductions are made in the financial year.
So the interest needs to be calculated for the whole year which is 12 months.
Now the interest for the whole year is 180 × 12 = $2160.
Option C) is the right answer.
Answer:
Bravery
Step-by-step explanation:
I took the test just now, and it was correct!
<span>y-2>1/2(x-2) can be expanded as follows: y - 2 > (1/2)x - 1
Mult. all terms by 2 to remove the fractions:
2y - 4 > x - 2
Add 4 to both sides: 2y > x + 2
Div. both sides by 2: y > (1/2)x + 1 (answer)</span>
