SOLUTION: Please help..... Thanks
If a sales person charges p dollars each for concert tickets, then he expects to sell 2000 - 100p tickets for an event.
a) Find a polynomial R(p) t
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Question 168854: Please help..... Thanks
If a sales person charges p dollars each for concert tickets, then he expects to sell 2000 - 100p tickets for an event.
a) Find a polynomial R(p) that represents the total revenue
when the tickets are p dollars each. b) Find R(5), R(10), and R(20).
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
Revenue: price of item * # of items sold
In this case the revenue is
Note: you can distribute if you want, but in this case, it is not necessary
a)
Find R(5)
Start with the revenue function
Plug in
Multiply
Subtract
Multiply
So if the price is $5, then the revenue will be $7,500
You follow the same steps in finding R(10) and R(20) (which I'll let you do)
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