SOLUTION: A jazz group on tour has been drawing average crowds of 400 people. It is projected that for every $1 increase in the $15 ticket price, the average attendance will decrease by 50.
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Question 945398: A jazz group on tour has been drawing average crowds of 400 people. It is projected that for every $1 increase in the $15 ticket price, the average attendance will decrease by 50. At what ticket price will nightly receipts be $3,000?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = number of $1 increases in ticket price
= projected ticket price
----------------
( by looking at it )
( result must be positive )
-----------------
= projected ticket price
At a ticket price of $20, receipts will be $3,000
check:
OK
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