SOLUTION: A music festival usually attracts 500 people at a cost of $12/person. For every $1 rise in the admission price, 25 less people attend the festival. If y is the total amount of taki

Question 1103199: A music festival usually attracts 500 people at a cost of $12/person. For every $1 rise in the admission price, 25 less people attend the festival. If y is the total amount of takings and x is the number of $1 increases, find the function which gives y in terms of x.
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
A music festival usually attracts 500 people at a cost of $12/person. For every $1 rise in the admission price, 25 less people attend the festival. If y is the total amount of takings and x is the number of $1 increases, find the function which gives y in terms of x.
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Original condition revenue = 500*12 = $6000
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Changing revenue when price is raised "x" dollars = (12+x)(500-25x)
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Ans:: y = (12+x)(500-25x)
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Cheers,
Stan H.
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