Asked by Alex
if tickets are sold for $50, then 600 tickets are expected to be sold. For each $1 reduction in price, an additional 20 tickets will be sold.
Write an equation that gives revenue R from ticket sales when the ticket prices are reduced by "x" dollars.
Write an equation that gives revenue R from ticket sales when the ticket prices are reduced by "x" dollars.
Answers
Answered by
Steve
x = number of $1 reductions
price: 50-x
demand: 600+20x
R(x) = (50-x)(600+20x)
price: 50-x
demand: 600+20x
R(x) = (50-x)(600+20x)
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.