Question 1181905
price * number of items = revenue.
when the price is 4.00, the average number of rolls per customer is 6.
with every .25 decrease in price, the average number rolls per customer goes up 1.
the euation is y = (4 - .25x) * (6 + x).
when x = 0, the equation becomes y = 4 * 6 = 24
when x = 1, the equation becomes y = 3.75 * 7 = 23.25
when x = 2, the equation becomes y = 3.5 * 8 = 28


the revenue will be 28 when the sticker price is 3.5.


here's a graph of the equation.


<img src = "http://theo.x10hosting.com/2021/061401.jpg" >


the graph shows that, when x = 2.
this gets a price per ticket of 3.5 with an average number of 8 tickets per customer.


the maximum revenue occurs when x = 5.
this gets a price per ticket of 2.75 with an average number of 11 tickets per customer.