document.write( "Question 1002286: A city's transit authority serves 192,000 commuters daily when fair is $1.70. Market research has determined that every penny decrease in the fare will result in 1200 new riders. What fare will maximize revenue?\r
\n" ); document.write( "\n" ); document.write( "We are working on Quadratic Functions, and word problems are especially difficult for me to figure out. This is what I have and the answer is incorrect:\r
\n" ); document.write( "\n" ); document.write( "Revenue = Price(number sold)
\n" ); document.write( " Revenue = y\r
\n" ); document.write( "\n" ); document.write( "y=P(1.70-P)\r
\n" ); document.write( "\n" ); document.write( "y= 1.70p-p^2\r
\n" ); document.write( "\n" ); document.write( "using the formula for a Vertex of a Parabola: (-b/2a, c-b^2/4a)\r
\n" ); document.write( "\n" ); document.write( "a= -1 b= 1.70 c= 0\r
\n" ); document.write( "\n" ); document.write( "using the \"x\" part of that formula:\r
\n" ); document.write( "\n" ); document.write( "x= -1.70/2(-1)\r
\n" ); document.write( "\n" ); document.write( "I got the answer of $0.85 (WHICH IS INCORRECT)\r
\n" ); document.write( "\n" ); document.write( "Thank you
\n" ); document.write( "Angy
\n" ); document.write( "

Algebra.Com's Answer #619233 by vleith(2983)\"\" \"About 
You can put this solution on YOUR website!
Let the ticket price be given by the formula (170-x) where x is the number of pennies in price reduction
\n" ); document.write( "You are told the ridership formula is (192,000 + 1200x) (for each reduction of a penny you get 1200 more riders)\r
\n" ); document.write( "\n" ); document.write( "Total revenue is the product of those two formulas
\n" ); document.write( "\"revenue+=+%28192000%2B1200x%29%28170-x%29\"
\n" ); document.write( "\"revenue+=+32640000%2B12000x-1200x%5E2\"
\n" ); document.write( "\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "\n" ); document.write( "
Solved by pluggable solver: SOLVE quadratic equation with variable
Quadratic equation \"ax%5E2%2Bbx%2Bc=0\" (in our case \"-1200x%5E2%2B12000x%2B32640000+=+0\") has the following solutons:
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\n" ); document.write( " \"x%5B12%5D+=+%28b%2B-sqrt%28+b%5E2-4ac+%29%29%2F2%5Ca\"
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\n" ); document.write( " For these solutions to exist, the discriminant \"b%5E2-4ac\" should not be a negative number.
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\n" ); document.write( " First, we need to compute the discriminant \"b%5E2-4ac\": \"b%5E2-4ac=%2812000%29%5E2-4%2A-1200%2A32640000=156816000000\".
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\n" ); document.write( " Discriminant d=156816000000 is greater than zero. That means that there are two solutions: \"+x%5B12%5D+=+%28-12000%2B-sqrt%28+156816000000+%29%29%2F2%5Ca\".
\n" ); document.write( "
\n" ); document.write( " \"x%5B1%5D+=+%28-%2812000%29%2Bsqrt%28+156816000000+%29%29%2F2%5C-1200+=+-160\"
\n" ); document.write( " \"x%5B2%5D+=+%28-%2812000%29-sqrt%28+156816000000+%29%29%2F2%5C-1200+=+170\"
\n" ); document.write( "
\n" ); document.write( " Quadratic expression \"-1200x%5E2%2B12000x%2B32640000\" can be factored:
\n" ); document.write( " \"-1200x%5E2%2B12000x%2B32640000+=+-1200%28x--160%29%2A%28x-170%29\"
\n" ); document.write( " Again, the answer is: -160, 170.\n" ); document.write( "Here's your graph:
\n" ); document.write( "\"graph%28+500%2C+500%2C+-10%2C+10%2C+-20%2C+20%2C+-1200%2Ax%5E2%2B12000%2Ax%2B32640000+%29\"

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\n" ); document.write( "\n" ); document.write( "The maximum revenue will be found at the midpoint of the two zeros. (170-(-160))/2 = 115\r
\n" ); document.write( "\n" ); document.write( "Does that match what you would get?
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