Last year 300 people attended a play with ticket price of $8. The school estimates that 20 fewer people attend for each $1 incre
ase in price. What ticket price would give the greatest income?
1 answer:
Answer:
$12
Step-by-step explanation:
If we stuck with the price of $8, then we end with an income of $2400
Increasing it by $1 will decrease attendance by 20
8 x 300 = 2400
9 x 280 = 2520
10 x 260 = 2600
11 x 240 = 2640
12 x 220 = 2640
13 x 200 = 2600
We're starting to go down, so let's stop there
The ticket price of $11 or $12 appears to give the most income
I would stick with $12 since your still getting more money from one ticket
You might be interested in
They would have traveled 54 miles
324/6=54
Angle 1 and 3 will be the same 101 and angle 2 and 4 will be the same 79
Answer:
PLEASE SOMEONE ANSWER THIS, PLEASE!!!!!!!!!!!!
Step-by-step explanation:
- 4(8x-3)/4 =76/4
-8x+3=76/4
-8x+3=19
-8x=16
X=2
I hope this helps.
Answer:
awww how cute lol
Step-by-step explanation: