SOLUTION: The profit from a school dance depends on the ticket price. Using some calculations, students find that the profit p can be modeled by the equation p= -10t^2 + 240t+1710 where t r

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Question 311750: The profit from a school dance depends on the ticket price. Using some calculations, students find that the profit p can be modeled by the equation p= -10t^2 + 240t+1710 where t represents the ticket price. what ticket price will give the students maximum profit? what is the maximum profit?
Answer by stanbon(75887) About Me  (Show Source):
You can put this solution on YOUR website!
Using some calculations, students find that the profit p can be modeled by the equation p= -10t^2 + 240t+1710 where t represents the ticket price. what ticket price will give the students maximum profit? what is the maximum profit?
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Max occurs when t = -b/2a = -240/(2(-10)) = 12
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p(12) = -10*12^2+240*12+1710
p(12) = $3150
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Cheers,
Stan H.