Respuesta :
Answer:
The appropriate answer is "$12".
Step-by-step explanation:
As per the question,
Price per ticket,
= [tex]4+k[/tex]
Number of people,
= [tex]1800-90k[/tex]
Now,
The revenue (R) will be:
= [tex]Price \ per \ ticket\times Number \ of \ people[/tex]
By putting the values, we get
= [tex](4+k) (1800-9k)[/tex]
= [tex]-90k^2+1440k+7200[/tex]
or,
⇒ [tex]R'=1440-180k=0[/tex]
⇒ [tex]180k=1440[/tex]
⇒ [tex]k=\frac{1440}{180}[/tex]
[tex]=8[/tex]
hence,
The ticket price will be:
= [tex]4+k[/tex]
= [tex]4+8[/tex]
= [tex]12[/tex] ($)
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At a price of per ticket a musical theater group can fill every seat in the theater which has a capacity of For every additional dollar charged the number of pe
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At a price of per ticket, a musical theater group can fill every seat in the theater, which has a capacity of . For every additional dollar charged, the number of people buying tickets decreases by . What ticket price maximizes revenue? Revenue is maximized when the price is
Respuesta :
Answer:
The appropriate answer is "$12".
Step-by-step explanation:
As per the question,
Price per ticket,
= [tex]4+k[/tex]
Number of people,
= [tex]1800-90k[/tex]
Now,
The revenue (R) will be:
= [tex]Price \ per \ ticket\times Number \ of \ people[/tex]
By putting the values, we get
= [tex](4+k) (1800-9k)[/tex]
= [tex]-90k^2+1440k+7200[/tex]
or,
⇒ [tex]R'=1440-180k=0[/tex]
⇒ [tex]180k=1440[/tex]
⇒ [tex]k=\frac{1440}{180}[/tex]
[tex]=8[/tex]
hence,
The ticket price will be:
= [tex]4+k[/tex]
= [tex]4+8[/tex]
= [tex]12[/tex] ($)