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
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document.write( "𝑅(𝑝) = −500𝑝^2 + 13000𝑝, where 𝑝 is the price per ticket sold.
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document.write( "What ticket price will produce a maximum revenue? What is the maximum
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document.write( "revenue? You must show this algebraically. \n" );
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Algebra.Com's Answer #768742 by josmiceli(19441)![]() ![]() You can put this solution on YOUR website! Let \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "This shows the equation works \n" ); document.write( "-------------------------------------- \n" ); document.write( " \n" ); document.write( "The maximum is at \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \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 \n" ); document.write( "Here's the plot: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |