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CAN SOMEONE HELP WITH THIS QUESTION?✨

CAN SOMEONE HELP WITH THIS QUESTION?✨-example-1

1 Answer

4 votes

Answer 17.67

Step-by-step explanation:

x = ticket price

y = number of spectators (in thousands)


(y-23000)/(x-10) = (26-23)/(7-10) = -1

R = revenue (in thousands)

R = xy = x * (23-3(x-10))

= x * (23-3x+30)

R' = 53-3x

R'' = - 3

R'=0 (-) x = 53/3 = 17.67 (local maximum)

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