SOLUTION: A band has been drawing average crowds of 500 people. It is thought that for every $1 increase in the $12 ticket price, the average attendence will decrease by 50. At what ticket

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Question 129531: A band has been drawing average crowds of 500 people. It is thought that for every $1 increase in the $12 ticket price, the average attendence will decrease by 50. At what ticket price will the nightly receipts be $5600?
Answer by josmiceli(19441)   (Show Source): You can put this solution on YOUR website!
Let = the number of $1 ticket increases
is the ticket price
is the decrease in attendence for each $1
increase in ticket price
is the attendence for each $1
increase in ticket price


subtract 5600 from both sides

Multiply both sides by


divide both sides by




is the ticket price
The nightly receipts are $5600 when the ticket
price is $14
check answer:




OK

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