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2 years ago

Many times business will raise the prices of their goods

Mathematics

1 answer:

hjlf2 years ago

7 0

The price that will maximize profit is $ 5.50.

Since an auditorium has seats for 1200 people, and for the past several days, the auditorium has been filled to capacity for each show, and tickets currently cost $ 5.00 and the owner wants to increase the ticket prices, and he estimates that for each $ 0.50 increase in price, 100 fewer people will attend, to determine which is the price that will maximize profit, the following calculation must be made:

1200 x 5 = 6000
1100 x 5.5 = 6050
1000 x 6 = 6000

Therefore, the price that will maximize profit is $ 5.50.

Learn more in brainly.com/question/25313241

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3 years ago

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3 years ago

When finding the difference between 2.4 and a number, the answer is 1.57. What number should go in the box to complete the subtr

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Answer:

Step-by-step explanation:

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2 years ago

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Answer:

Image result for 1 What are the names of four coplanar points?

1. What are the names of four coplanar points? A. B. C. D. Points P, M, F, and C are coplanar Points F, D, P, and N are coplanar.

Step-by-step explanation:

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3 years ago

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klasskru [66]

Answer:

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Step-by-step explanation:

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3 years ago

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