The ticket price which will maximize the student's council is: C. $3.10.
<h3>What is price?</h3>
Price can be defined as an amount of money which is primarily set by the seller of a product, and it must be paid by a buyer to the seller, so as to enable the acquisition of this product.
Based on the information provided about Valley High School student council, we can logically deduce the following data:
- Total number of students = 420 students.
- Lowest ticket price = $2.00.
- Increase in ticket price = $0.20.
- Attendance = 20 fewer students
<h3>How to determine the ticket price?</h3>
Mathematically, the equation which model the profit is given by:
Profit = price × number of tickets sold
P(x) = (2 + 0.2x)(420 - 20x)
P(x) = 840 + 84x - 40x - 4x²
P(x) = -4x² + 44x + 840.
For any quadratic equation with a parabolic curve, the axis of symmetry is given by:
Xmax = -b/2a
Xmax = -44/2(-4)
Xmax = -44/-8.
Xmax = 5.5
Ticket price for maximum profit is given by:
Ticket price = 2 + 0.2x
Ticket price = 2 + 0.2(5.5)
Ticket price = $3.10.
Read more on maximized profit here: brainly.com/question/13800671
#SPJ1
I don't understand Can you type it again?
Answer:
the answer is two
Step-by-step explanation:
i don't have one but i did the quiz and got it right
Answer:
it as a liner function that is why we should choose to point in order to find the liner equation
y=2/3x+1
Answer:
I think you are missing something from the question, but if you were to find out how much you would get paid for a certain amount of hours from $12 per hour, then the formula would be:
Step-by-step explanation:
Let h = no. of hours worked
$12 * h
