Question 530902: I am in desperate need for someone to explain each step for me in detail so I can get this down. i know there are problems that are almost identical but they are not explaining in enough detail. I greatly appreciate any help I can get as I have to turn this in today.
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1. Suppose you are an event coordinator for a large performance theater. One of the hottest new Broadway musicals has started to tour and your city is the first stop on the tour. You need to supply information about projected ticket sales to the box office manager. The box office manager uses this information to anticipate staffing needs until the tickets sell out. You provide the manager with a quadratic equation that models the expected number of ticket sales for each day x. ( is the day tickets go on sale).
a. Describe what happens to the tickets sales as time passes.
b. Does the graph of this equation open up or down? How did you determine this?
c. Use the quadratic equation to determine the last day that tickets will be sold.
Note. Write your answer in terms of the number of days after ticket sales begin.
d. Will tickets peak or be at a low during the middle of the sale? How do you know?
e. After how many days will the peak or low occur?
f. How many tickets will be sold on the day when the peak or low occurs?
g. What is the point of the vertex? How does this number relate to your answers in parts e. and f?
h. How many solutions are there to the equation ? How do you know?
i. What do the solutions represent? Is there a solution that does not make sense? If so, in what ways does the solution not make sense?
2. What is the minimum product of two numbers whose difference is 6? What are the numbers?
3. The value of a share of J.P. Megan, in dollars, can be represented by , where x is the number of months after January 2010. What is the lowest value V(x) will reach, and when did that occur?