document.write( "Question 1116065: A movie theater is considering lowering ticket prices. If it lowers ticket prices by x dollars,
\n" ); document.write( "the expected revenue function per week is r(x)=-500(x-2.5)^+28,025. What decrease in
\n" ); document.write( "ticket prices will produce the maximum revenue for the theater? What is the maximum
\n" ); document.write( "revenue that is possible?\r
\n" ); document.write( "\n" ); document.write( "Thanks for your help.
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Algebra.Com's Answer #731052 by KMST(5328)\"\" \"About 
You can put this solution on YOUR website!
The revenue function is
\n" ); document.write( "\"r%28x%29=-500%28x-2.5%29%5E2%2B%2228%2C025%22\" .
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\n" ); document.write( "When you do not remember \"formulas\"
\n" ); document.write( "and other calculation tricks and problem-solving recipes taught in class,
\n" ); document.write( "using your own brain may work, if a little slower.
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\n" ); document.write( "You do not need to have been awake during the classes about quadratic functions to know that
\n" ); document.write( "\"%28x-2.5%29%5E2%3E=0\" no matter what real number value \"%28x-2.5%29\" and \"x\" take;
\n" ); document.write( "\"-500%28x-2.5%29%5E2%3C=0\" no matter what, and as a consequence
\n" ); document.write( "\"r%28x%29=-500%28x-2.5%29%5E2%2B%2228%2C025%22%3C=0%2B%2228%2C025%22=%2228%2C025%22\" no matter what.
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\n" ); document.write( "You should also realize that the only way to have \"r%28x%29=%2228%2C025%22\"
\n" ); document.write( "is to have \"-500%28x-2.5%29%5E2=0\" ,
\n" ); document.write( "which means \"%28x-2.5%29%5E2=0\" ,
\n" ); document.write( "\"x-2.5=0\" , and \"highlight%28x=2.5%29\" .
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\n" ); document.write( "So, if (and only if)
\n" ); document.write( "the movie theater lowers ticket prices by \"highlight%282.5%29\" dollars,
\n" ); document.write( "they can expect the maximum predicted revenue of \"%22%2428%2C025%22\" .
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\n" ); document.write( "NOTE: Quadratic functions graph as parabolas,
\n" ); document.write( "with a maximum (if the coefficient of the squared term is negative),
\n" ); document.write( "or a minimum (if that coefficient is positive).
\n" ); document.write( "They can be found in the form
\n" ); document.write( "\"f%28x%29=a%28x-h%29%5E2=k\" or \"f%28x%29=ax%5E2%2Bbx%2Bc\" ,
\n" ); document.write( "Where a,b,c,h, and k are constants,
\n" ); document.write( "but it must be \"a%3C%3E0\" (or it is not a quadratic function).
\n" ); document.write( "You can also find them in any other equivalent form that your teacher could choose.
\n" ); document.write( "It will be up to you to recognize what you are dealing with.
\n" ); document.write( "If your teacher is merciful, the function will look like \"f%28x%29=a%28x-h%29%5E2=k\" ,
\n" ); document.write( "and as explained at the top \"x=h\" will be
\n" ); document.write( "the \"x\" value where the maximum or minimum happens,
\n" ); document.write( "and that maximum or minimum value of the function will be \"k\" .
\n" ); document.write( "If the quadratic function appears in the form \"f%28x%29=ax%5E2%2Bbx%2Bc\" ,
\n" ); document.write( "you could transform it to the equivalent, but more useful form,
\n" ); document.write( "or you could remember that the maximum or minimum happens for'\"x=%28-b%29%2F%222+a%22\" .
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