document.write( "Question 1147418: The revenue at the Assembly Center depends on the number of seats sold for the Willie Williams and the Wranglers concert. At $10 per ticket, they will fill all 8000 seats. The manager knows that for every $1 increase in the price, 500 tickets will go unsold. If the revenue in dollars, 𝑅(𝑝), is given by
\n" ); document.write( "𝑅(𝑝) = −500𝑝^2 + 13000𝑝, where 𝑝 is the price per ticket sold.
\n" ); document.write( "What ticket price will produce a maximum revenue? What is the maximum
\n" ); document.write( "revenue? You must show this algebraically.
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Algebra.Com's Answer #768742 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
Let \"+k+\" = the number of $1 increases in price/ticket
\n" ); document.write( "\"+R%28p%29+=+p%2A%28+8000+-+500k+%29+\"
\n" ); document.write( "\"+-500p%5E2+%2B+13000p+=+p%2A%28+8000+-+500k+%29+\"
\n" ); document.write( "\"+-500p+%2B+13000+=+8000+-+500k+\"
\n" ); document.write( "\"+-500p+=+-500k+-+5000+\"
\n" ); document.write( "\"+p+=+k+%2B+10+\"
\n" ); document.write( "This shows the equation works
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\n" ); document.write( "\"+R%28p%29+=+-500p%5E2+%2B+13000p+\"
\n" ); document.write( "The maximum is at \"+p+=+-b%2F2a+\" when the equation has the form
\n" ); document.write( "\"+R%28p%29+=+a%2Ap%5E2+%2B+b%2Ap+\"
\n" ); document.write( "\"+p%5Bmax%5D\" is at \"+-13000%2F%28+2%2A%28-500%29%29+\"
\n" ); document.write( "\"+p%5Bmax%5D+=+13+\"
\n" ); document.write( "The maximum revenue is at a ticket price of $13/ticket
\n" ); document.write( "which is after three $1 increases in price/ticket \"+k=3+\"
\n" ); document.write( "Here's the plot:
\n" ); document.write( " \"+graph%28+400%2C+400%2C+-5%2C+30%2C+-10000%2C+100000%2C+-500x%5E2+%2B+13000x%29+\"\r
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