document.write( "Question 228681: A group on tour has been drawing crowds of 500 people. It is projected that for every $1 increase in the $12 ticket price the average attendance will decrease by 50. At what price will the nightly receipts be $5600. \n" ); document.write( "
Algebra.Com's Answer #169693 by user_dude2008(1862)![]() ![]() ![]() You can put this solution on YOUR website! x = # of price increases\r \n" ); document.write( "\n" ); document.write( "revenue = price * number of people \n" ); document.write( "R = (12+x)(500-50x) \n" ); document.write( "R = -50 x^2-100x+6000 \n" ); document.write( "5600 = -50 x^2-100x+6000 \n" ); document.write( "0 = -50 x^2-100x+400 \n" ); document.write( "0 = -50(x^2+2x-8) \n" ); document.write( "0 = -50(x-2)(x+4) \n" ); document.write( "x = 2 or x = -4\r \n" ); document.write( "\n" ); document.write( "Answer: price will be 12+2=$14 \n" ); document.write( " |