SOLUTION: A jazz group on tour has been drawing average crowds of 600 people. It is projected that for every $1 increase in the $12 ticket price, the average attendance will decrease by 75.
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: A jazz group on tour has been drawing average crowds of 600 people. It is projected that for every $1 increase in the $12 ticket price, the average attendance will decrease by 75.
Log On
Question 838327: A jazz group on tour has been drawing average crowds of 600 people. It is projected that for every $1 increase in the $12 ticket price, the average attendance will decrease by 75. At what ticket price will nightly receipts be $6,300? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = the number of $1 increases in ticket price: = the increase in attendance for $1
increases in ticket price
------------------------
----------------------------------- ( I just guessed at this ) is the answer since won't work
Plugging this back in:
The nightly ticket price is = $14