document.write( "Question 1029265: A concerts promoters profit P(s), in dollars, can be modelled by the function
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document.write( "P(s)=+8sē+950s-2250
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document.write( "Where s is the price of a ticket, in dollars.
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document.write( "a) if the promoter wants to earn a profit of $20 000, what should the ticket price be? \n" );
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Algebra.Com's Answer #644329 by fractalier(6550)![]() ![]() You can put this solution on YOUR website! Well, let's set P(s) equal to $20,000 and see what s equals... \n" ); document.write( "P(s) = 20000 = 8sē + 950s - 2250 \n" ); document.write( "Subtract 20000 and get \n" ); document.write( "8s^2 + 950s - 22250 = 0 \n" ); document.write( "Solving this, using the quadratic formula gives \n" ); document.write( "s = $20.04 and s = -$139.79 \n" ); document.write( "So I am thinking $20 a ticket...let's see... \n" ); document.write( "P(20) = 8*(20)^2 + 950(20) - 2250 = 19950 \n" ); document.write( "not quite $20,000... \n" ); document.write( "Must be $20.04... \n" ); document.write( " \n" ); document.write( " |