10.5k views
2 votes

A theatre seats 2000 people and charges $10 for a ticket.  At this price, all the tickets can be sold. A survey indicates that if the ticket price is increased, the number sold will decrease by 100 for every dollar of increase. what ticket price would result in the greatest revenue






User Fps
by
7.4k points

2 Answers

3 votes
The answer might be this equation 800+10/ 200
User Ixxie
by
7.5k points
4 votes
$8.00 per ticket x 2000 =16000 
User Carlos Mendes
by
7.3k points