Asked by Jaycee KRistjanson
A jazz group on tour has been drawing average crowds of 1000 people. It is projected that for every $1 increase in the $17 ticket price, the average attendance will decrease by 60. What equation could be used to solve this problem and at what ticket price will nightly receipts be $16,400?
Answers
Answered by
Reiny
let the number of $1 increases be n
number of tickets sold = 1000 - 60n
price per ticket = 17 + n
Receipts = (17+n)(1000-60n)
expand and collect like terms
Set this equal to 16400 and solve using the quadratic formula
number of tickets sold = 1000 - 60n
price per ticket = 17 + n
Receipts = (17+n)(1000-60n)
expand and collect like terms
Set this equal to 16400 and solve using the quadratic formula
There are no AI answers yet. The ability to request AI answers is coming soon!
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.