document.write( "Question 1008041: If tickets are sold 75$ each then 1800 tickets will be sold for each 1$ increase in tickets price 20 fewer tickets are sold what should be the price of each ticket to max revenue and what will it be \n" ); document.write( "
Algebra.Com's Answer #623829 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( "in ticket price \n" ); document.write( "Let \n" ); document.write( "----------------------------------- \n" ); document.write( " \n" ); document.write( "----------------------------- \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "This is a parabola with a peak ( like an upside-down bowl ) \n" ); document.write( "The maximum is at \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "------------ \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "Either $7 or $8 added to ticket price maximizes revenue,so \n" ); document.write( "Ticket price should be $82 or $83 \n" ); document.write( "----------------------------- \n" ); document.write( "check the answer: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "----------------- \n" ); document.write( "Let \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "--------------- \n" ); document.write( "I get the same revenue on both sides of \n" ); document.write( "the peak, so \n" ); document.write( "maximum \n" ); document.write( "so I have to choose \n" ); document.write( " \n" ); document.write( "----------- \n" ); document.write( "Hope I got it- you should get a 2nd opinion \n" ); document.write( "on this one \n" ); document.write( " |