Answer
given,
opera house ticket = $50
attendance = 4000 persons
now,
opera house ticket = $52
attendance = 3800 person
assuming these are the points on the demand curve
(x, p) = (4000,50) and (x,p) = (3800,52)
using point slope formula
R(x) = x . p
at 
x = 4500
hence at x =4500 the revenue is maximum
for maximum revenue ticket price will be
p = $45
Answer:
(-1, -5)
General Formulas and Concepts:
<u>Algebra I</u>
Coordinate Planes
- Coordinates (x, y)
- Intersections b/t 2 lines
- Graphing
Step-by-step explanation:
<em>Note:</em>
Where the 2 lines intersect is the solution to the systems of equations.
X - 3(x + 4)
-------------
x^2 - 1
vertical asymptoes happen when the denominator = 0
x^2 - 1 = 0
so x = 1 or -1
so the asymptotes are x = -1 and x=1
You draw a circle from the tip of the triangle. Then you draw equal-sized circles from the points where the first circle intersects the triangle. Connect the tip of the triangle and the point where the equal-sized circles intersect each other.
Answer:
When using this technique, the AOQ:
improves (AOQ becomes a smaller fraction).
Step-by-step explanation:
AOQ simply means Average Outgoing Quality, which improves with inspection. It is a part of an organization's Acceptance Sampling Plan, usually designed to meet product quality and risk level targets. The plan draws samples from a population of items. Then it tests the samples. It only accepts the entire population if the sample is considered good enough. It also rejects the population when the sample is poor enough. In the plan, information about sample size and critical acceptance or rejection numbers are clearly indicated. Acceptance sampling is common in most business environments because it has been found to be more economical than doing 100% inspection of incoming production input and output.
