When a baseball park owner charges $3.00 for admission, there is an average attendance of 100 people. For every $0.10 increase in the admission price, there is a loss of 2 customers from the average number.
1. What admission price should be charged in order to maximize revenue?2. What is the maximum revenue?

Answers

Answer 1

Answer:

$1

max rev = 80(4) = $320

Step-by-step explanation:

let us do this in pennies  

R = (100 - x/5)(300 + x)

d/dr = -2x - 200

               5

(-2x-200)/5 = 0  

-2x = 200

x = 100

           

Answer 2

An amount of $320 is the admission price that should be charged in order to maximize revenue.

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Now, Let x represent the revenue function.

Hence, We can formulate;

x = (3 + 0.1(x))(100 - 2x)

x = 300 - 6x + 10x - 0.2x²

x = 300 + 4x- 0.2x²

x' = 4 - 0.4x

Generally, a maximum revenue occurs when x' = 0:

x' = 4 - 0.4x = 0

4 = 0.4x

x = 4 / 0.4

x = 10

Hence, The admission price,

= 3 + 0.1x

= 3 + 0.1 x 10

= 3 + 1

= $4

Thus, The Maximum revenue is,

= $4 (100 - (10 x 2)

= $4 (100 - 20)

= $4 x 80

= $320

In conclusion, the amount of $320 is the admission price that should be charged in order to maximize revenue.

Learn more about maximize revenue visit:

brainly.com/question/13799721

#SPJ2


Related Questions

Please help

A. B.C. D

Answers

Its d I took that test

Identify the domain of the function shown in the graph. Need heal ASAP

Answers

Answer:

D

Step-by-step explanation:

the domain of the function is the boundaries in the X condition. using the graph we see X starts at 2 and ends at 7 so the domain is

[tex]2 \leqslant x \leqslant 7[/tex]

25. Approximate the sample variance and standard deviation given the following frequency distribution: Class Frequency 0–9 13 10–19 7 20–29 10 30–39 9 40–49 11

Answers

Answer:

Sample variance = 228.408

Standard deviation = 15.113

Step-by-step explanation:

The well formatted frequency table has been attached to this response.

To calculate the sample variance and standard deviation of the given grouped data, follow these steps:

i. Find the midpoint (m) of the class interval.

This is done by adding the lower bounds and upper bounds of the class intervals and dividing the result by 2. i.e

For class 0 - 9, we have

m = (0 + 9) / 2 = 4.5

For class 10 - 19, we have

m = (10 + 19) / 2 = 14.5

For class 20 - 29, we have

m = (20 + 29) / 2 = 24.5

For class 30 - 39, we have

m = (30 + 39) / 2 = 34.5

For class 40 - 49, we have

m = (40 + 49) / 2 = 44.5

This is shown in the third column of the attached table.

ii. Find the product of each of the frequencies of the class intervals and their corresponding midpoints. i.e

For class 0 - 9, we have

frequency (f) = 13

midpoint (m) = 4.5

=> f x m = 13 x 4.5 = 58.5

For class 10 - 19, we have

frequency (f) = 7

midpoint (m) = 14.5

=> f x m = 7 x 14.5 = 101.5

For class 20 - 29, we have

frequency (f) = 10

midpoint (m) = 24.5

=> f x m = 10 x 24.5 = 245

For class 30 - 39, we have

frequency (f) = 9

midpoint (m) = 34.5

=> f x m = 9 x 34.5 = 310.5

For class 40 - 49, we have

frequency (f) = 11

midpoint (m) = 44.5

=> f x m = 11 x 44.5 = 489.5

This is shown in the fourth column of the attached table.

iii. Calculate the mean (x) of the distribution i.e

This is done by finding the sum of all the results in (ii) above and dividing the outcome by the sum of the frequencies. i.e

x = ∑(f x m) ÷ ∑f

Where;

∑(f x m) = 58.5 + 101.5 + 245 + 310.5 + 489.5 = 1205

∑f = 13 + 7 + 10 + 9 + 11 = 50

=> x = 1205 ÷ 50

=> x = 24.1

Therefore, the mean is 24.1

This is shown on the fifth column of the attached table.

iv. Calculate the deviation of the midpoints from the mean.

This is done by finding the difference between the midpoints and the mean. i.e m - x where x = mean = 24.1 and m = midpoint

For class 0 - 9, we have

midpoint (m) = 4.5

=> m - x = 4.5 - 24.1 = -19.6

For class 10 - 19, we have

midpoint (m) = 14.5

=> m - x = 14.5 - 24.1 = -9.6

For class 20 - 29, we have

midpoint (m) = 24.5

=> m - x = 24.5 - 24.1 = 0.4

For class 30 - 39, we have

midpoint (m) = 34.5

=> m - x = 34.5 - 24.1 = 10.4

For class 40 - 49, we have

midpoint (m) = 44.5

=> m - x = 44.5 - 24.1 = 20.4

This is shown on the sixth column of the attached table.

v. Find the square of each of the results in (iv) above.

This is done by finding (m-x)²

For class 0 - 9, we have

=> (m - x)² = (-19.6)² = 384.16

For class 10 - 19, we have

=> (m - x)² = (-9.6)² = 92.16

For class 20 - 29, we have

=> (m - x)² = (0.4)² = 0.16

For class 30 - 39, we have

=> (m - x)² = (10.4)² = 108.16

For class 40 - 49, we have

=> (m - x)² = (20.4)² = 416.16

This is shown on the seventh column of the attached table.

vi. Multiply each of the results in (v) above by their corresponding frequencies.

This is done by finding f(m-x)²

For class 0 - 9, we have

=> f(m - x)² = 13 x 384.16 =  4994.08

For class 10 - 19, we have

=> f(m - x)² = 7 x 92.16 = 645.12

For class 20 - 29, we have

=> f(m - x)² = 10 x 0.16 = 1.6

For class 30 - 39, we have

=> f(m - x)² = 9 x 108.16 = 973.44

For class 40 - 49, we have

=> f(m - x)² = 11 x 416.16 = 4577.76

This is shown on the eighth column of the attached table.

vi. Calculate the sample variance.

Variance σ², is calculated by using the following relation;

σ² = ∑f(m-x)² ÷ (∑f - 1)

This means the variance is found by finding the sum of the results in (vi) above and then dividing the result by one less than the sum of all the frequencies.

∑f(m-x)² = sum of the results in (vi)

∑f(m-x)² = 4994.08 + 645.12 + 1.6 + 973.44 + 4577.76 = 11192

∑f - 1 = 50 - 1 = 49         {Remember that ∑f was calculated in (iii) above}

∴ σ² = 11192 ÷ 49 = 228.408

Therefore, the variance is 228.408

vii. Calculate the standard deviation

Standard deviation σ, is calculated by using the following relation;

σ =√ [ ∑f(m-x)² ÷ (∑f - 1) ]

This is done by taking the square root of the variance calculated above.

σ = [tex]\sqrt{228.408}[/tex]

σ = 15.113

Therefore, the standard deviation is 15.113

A gardener wants to plant 875 roses in the garden. Can he plant them in rows having 7 plants each without any plants left? Justify your answer. *

Answers

Answer:

Yes

Step-by-step explanation:

875 roses / 7 plants per row

875 / 7 = 125 rows, which is a whole number, meaning nothing is left over

mary is 1 m 15 cm tall. her friend larry is 1 m 30 cm tall. who is taller and by how much?

Answers

Answer:

Mary's friend Larry is taller by 15cm.

Step-by-step explanation:

First look for the bigger number.

Then subtract the smaller number from the bigger number.

Un recipiente cilíndrico tiene un diámetro de 160cm. y la misma altura. ¿Cuánto litros de agua puede caber?

Answers

Respuesta:

3215360 cm³

Explicación paso a paso:

Dado que :

Radio = 160/2 = 80 cm

Altura, h = 160 cm

Volumen de un cilindro = πr²h

Volumen del cilindro = π * 80² * 160

Volumen = 3215360 cm³

Calculate the unit price. Round to the nearest cent, if necessary.

0.75 lb of salami for $2.65

$4.64 per lb of salami
$2.65 per lb of salami
$3.53 per lb of salami
$1.99 lb of salami
per

Answers

Answer:

$3.53 per lb of salami

Step-by-step explanation:

0.75 lb of salami for $2.65

The price per of salami will be :

0.75 lb = $2.65

1 lb = x

Using cross multiplication :

0.75 * x = $2.65 * 1

0.75x = $2.65

Divide both sides by 0.75

0.75x / 0.75 = $2.65 / 0.75

x = $3.533

This means that :

The price per unit of salami is $3.53

Answer:

0.75 lb of salami for $2.65 is $3.53 per lb of salami.

Which expression is equivalent to -6(-⅔+2x)?
O-4-12x
O-4+ 2x
O 4-12x
O 4+ 12x

Answers

Answer:

4-12x

Step-by-step explanation:

opening the brackets;

(-6×-2/3)- 12x

-2×-2 -12x

4-12x

Answer:

4 - 12x

Step-by-step explanation:

We can find an equivalent expression by distributing

-6(-⅔+2x)

Distribute by multiplying -6 times what's inside of the parenthesis ( -2/3 and 2x )

-6 * -⅔ = 4

-6 * 2x = -12x

We would be left with 4 - 12x

Somebody help me with this

Answers

Answer: 3x4 +x3+ 15x2+30x-14

Multiply(distribute) (x2-x+7) with (3x2+4x-2) and combine like terms.

Answer:

3x4 +x3+ 15x2+30x-14

Step-by-step explanation:

Will mark Brainlest hellpppp​

Answers

[tex]h(-3) - h( - 2) = - \frac{5}{ 8} \\ \\ [/tex]

Step-by-step explanation:

[tex]\boxed{h(x) = \frac{2 {x}^{2} - x + 1}{3x - 2}}[/tex]

[tex]h(2) = \frac{2 {(2)}^{2} - (2) + 1}{3(2) - 2} [/tex]

[tex]h(2) = \frac{2 {(4)} - 2 + 1}{6 - 2} [/tex]

[tex]h(2) = \frac{ 8 - 1}{4} [/tex]

[tex]h(2) = \frac{7}{4}[/tex]

[tex]h( - 3) = \frac{2 {( - 3)}^{2} - ( - 3) + 1}{3( - 3) - 2} \\ h( - 3) = \frac{2 (9) + 3 + 1}{ - 9- 2} \\ h( - 3) = \frac{18 + 4}{ - 11} \\ h( - 3) = \frac{22}{ - 11} \\ h(-3) = -2[/tex]

[tex]h( - 2) = \frac{2 {( - 2)}^{2} - ( - 2) + 1}{3( - 2) - 2} \\ h( - 2) = \frac{2 (4) + 2+ 1}{- 6 - 2} \\ h( - 2) = \frac{8 + 3}{- 8} \\ h( - 2) = \frac{11}{- 8} [/tex]

[tex]h(3) - h( - 2) = -2 - \frac{11}{- 8} \\ h(3) - h( - 2) =-2 + \frac{11}{ 8} \\ h(3) - h( - 2) = \frac{-2}{1}+ \frac{11}{ 8} \\ h(3) - h( - 2) = \frac{-16}{8} + \frac{11}{ 8} \\ h(3) - h( - 2) = \frac{-16+11}{8} \\ h(3) - h( - 2) = \frac{-5}{8} \\ - \frac{5}{ 8} [/tex]

Which system of equations is represented by the matrix below?
54 5-167
7 -4 23
O A. x+ 5y = -16
x - 4y = 23
OB. 4x + 5y = -16
7x - 4y = 23
C. 4x + 5y = -16
7x + 4y = 23

Answers

9514 1404 393

Answer:

  B

Step-by-step explanation:

In order for the matrix to represent the equations, the coefficients in the equations need to match the terms in the matrix. That is only the case for choice B.

__

Details are important in math.

9x5
pls help meeeeeeeeee

Answers

Answer:

45

hope this helps

Answer:

45

Step-by-step explanation:

9x5=45

Can someone please please please help me? I need this to be correct or else I’m gonna be grounded for the rest of the summer…
The difference between two numbers is 28. The first number is three times the other number. What are the numbers?
A. 14 and 42
B. 26 and 42
C. 14 and 14
D. 15 and 43
No links or fake answers please

Answers

Answer:

A

Step-by-step explanation:

42-14=28

Answer:

A. 42 and 14

Step-by-step explanation:

first number = x

second number = y

x - y = 28

3x - x = 28

(y is now x because it says the second number is whatever x was, but three times less)

x = 14

3(14) - (14) = the original number, 28

Helpppppppp thank u so much

Answers

Answer:

acute triangle

Step-by-step explanation:

First find the other angle

The sum of the angles is 180

x+65+60  = 180

x + 125 = 180

x = 180-125

x = 55

All three angles are different so all three side lengths are different

All the angles are less than 90 so all the angles are acute

This is an acute scalene triangle

Answer:

im is 55 so the only correct option is c

Step-by-step explanation:

hope this helps! have a great day!!

22 hours. A
Silas ran 100 m race at a speed of 8 m/s. How long did it take him to com-
plete the race?​

Answers

Answer:

100/8 = 12.5 (s)

Step-by-step explanation:

hmm bro

Answer:

[tex]{ \boxed{ \tt{formular : { \bf{ \green{time = \frac{distance}{speed} }}}}}} \\ time = \frac{100}{8} \\ { \boxed{time = 12.5 \: seconds}} \\ \\ { \underline{ \blue{ \tt{becker \: jnr}}}}[/tex]

9. Use the Distributive Property to simplify (-5 - c)(-1).
a 5 - C
b C
c-5 + c
d 5 + C​

Answers

Answer:

D. 5 + c

Step-by-step explanation:

( - 5 - c ) ( - 1 )

use distributive property ; to multiply -5 and - c by -1.

= -1 × - 5 - ( +1 ) × - c= 5 + c

Nine subtracted from four times a number is -21 what is the number?

Answers

Answer:

-3

Step-by-step explanation:

My knowledge ;D

plzzzzzzzzzzzzzzzzz help meeeeeeeeeeeeeeeeeee

i do anything just help

1.) Create a table of x and y values that represents a proportional relationship.




a) Explain how you know the relationship is proportional.

b) What equation models the values in the table?

2) Create a table of x and y values that represents a linear, non-proportional relationship.




a) Explain how you know the relationship is non-proportional.

b) What equation models the values in the table?

Answers

Answer:

Table could be first x = 2, y = 4, then x = 4, y = 8. It is proportional because both (x,y) values equal 1/2. The equation is x = 1/2y. Last, the table could be the same, or you could do first, x = 6, y = 12, then x = 12, y = 24, because they still equal 1/2.

Step-by-step explanation:

ASAP PLEASE!!The table and the relative frequency histogram show the distribution of the number of tails and three coins are tossed. Find the probability P(T=1). write your answer as a fraction.

Answers

Answer:  3/8

Explanation:

P(T = 1) is the notation that means "The probability of getting exactly one tail". The table shows 3/8 in the bottom row, under the "1" in the top row. So that's why P(T = 1) = 3/8

Or it might make more sense to say P(one tail) = 3/8 so we don't have too many equal signs going on.

How do you find the amplitude, period, and shift for f(x)=−4cos(3x−π)+1?

Answers

Answer:

(a) Amplitude = 4

(b) [tex]T = \frac{2\pi}{3}[/tex] --- Period

(c)

[tex]C = \frac{\pi}{3}[/tex] --- phase shift

[tex]D =1[/tex] --- vertical shift

Step-by-step explanation:

Given

[tex]f(x) = -4\cos(3x - \pi) + 1[/tex]

Rewrite the function as:

[tex]f(x) = -4\cos(3(x - \frac{\pi}{3}) + 1[/tex]

Solving (a): The amplitude

A cosine function is represented as:

[tex]f(x) = A\cos[B(x - C)] + D[/tex]

Where:

[tex]|A| \to Amplitude[/tex]

So, in this equation (by comparison):

[tex]|A| = |-4|[/tex]

[tex]|A| = 4[/tex]

The amplitude is 4

Solving (b): The period (T)

This is calculated as:

[tex]T = \frac{2\pi}{B}[/tex]

By comparison:

[tex]B =3[/tex]

So:

[tex]T = \frac{2\pi}{3}[/tex]

Solving (c): The shift

The phase shift is C

The vertical shift is D

By comparison:

[tex]C = \frac{\pi}{3}[/tex] --- phase shift

[tex]D =1[/tex] --- vertical shift

The area of a triangular sign is 6x² + 24x What is the measure of the base? (View attachment)

Answers

Answer:

[tex]2x + 8[/tex]

Step-by-step explanation:

Area of triangle equal

[tex] \frac{b \times h}{2} = a[/tex]

where b is the base and h is the height.

Plug in what we know.

[tex] \frac{b \times 6x}{2} = 6 {x}^{2} + 24x[/tex]

Multiply 2 by both sides.

[tex]b \times 6x = 2(6 {x}^{2} + 24x)[/tex]

Divide 6x by both sides.

[tex]b = \frac{12 {x}^{2} + 48x }{6x} = 2x + 8[/tex]

The slope of a line is -, and the y-intercept is 10/3. What is the equation of the line written in general form?

Answers

I think it should be y=-x+10/3
As slope is y=mx+b so substitute your slope for the coefficient of x and then add your y intercept to the end.

Which of the following phrases are expressions?

Answers

Answer:

C ,D , E just follow it . thank me later if its right

Answer:

E

Step-by-step explanation:

(10+7)(50+1)

=17×51

=867

help me please if you can't don't touch it

Answers

Answer:

option B : 31.4 cm

Step-by-step explanation:

Given radius , r = 5cm

Circumference = [tex]2 \pi r[/tex]

                       = 2 x 3.14 x 5

                       =10 x 3.14

                       = 31.4 cm

Answer:

b. 31.4

Step-by-step explanation:

The radius of the circle can be plugged into C=(pi)2r. So 5x2= 10 and 10x(pi)= 31.4

If x = 82°, find the measures of angles 1, 2, and 3

Answers

Answer:

98

Step-by-step explanation:

x(o) + 1(o)  = 180(o)

∠2° = ∠x°

∠1° = ∠3°

Answer:

angle 2 is 82 also and angle 3 and 4 is 180 - 82 = 98

how do I solve this equation?
[tex]x + 8y = 20 \\ 2x + 4y = 4[/tex]

Answers

Answer:

Subtract x x from both sides of the equation. 8y=20−x 8 y = 20 - x. Divide each term by 8 8 and simplify.

Solve for x 2x-4y=4. 2x−4y=4 2 x - 4 y = 4. Add 4y 4 y to both sides of the equation. 2x=4+4y 2 x = 4 + 4 y. Divide each term by 2 2 and simplify.

X = -8y + 20
2(-8y + 20) +4y = 4
-16y + 40 + 4y = 4
-12y +40=4
Subtract 40 from each side
-12y= -36
Divide both by -12
y = 3
Plug Y=3 in to find x
X + 8(3) = 20
X + 24 = 20
Subtract 24
x = -4

PLEASE HELP
If the absolute value represents the distance from zero, can we have a negative distance?

Answers

Answer:

No, you cannot have a negative distance.

Step-by-step explanation:

No, you cannot have a negative distance.

Let's say you were asked for the absolute value of -4. How many units is -4 away from 0? The answer would be 4. There is no negative distance from 0.

Hope this helps, please mark brainliest! :)

PLEASE HELP ME
WITH STEPS

Answers

Answer:

,(i) answer is 203,918

(ii)answer is227,306.36

What is the HFC of the following: 4 (x2-x+1) and 28 (x3+1)?​

Answers

Your Answer is in the above image.

find the value of tan 45° + sin 30°​

Answers

Answer:

I think it's approximately 44°

Other Questions
On December 31, a $500,000 bond issue on which there is an unamortized premium of $67,000 is redeemed for $490,000. Journalize the redemption of the bonds. Refer to the Chart of Accounts for exact wording of account titles. Can someone pls help me? Tell whether the shape appears to have zero lines, 1 line, or more than 1 line of symmetry. Select zero, 1, or more than 1. There is/are ? line(s) of symmetry. Calculate the heat energy, in kJ, required to melt 1.0kg of ice at 0 degrees celcius.Show all working out The sides of are 8 cm, 7 cm and 5 cm respectively. Find its semi-perimeter Peter Piper picked a pickled pepper out of a pepper jar. If the probability of drawing a pickled pepper was 2/5,how many total peppers could be in the jar (psst. you can't have a half of a pepper)? i need help like asap!!!! Two circles with the same center are calledSelect one:a. externally tangentb. circumscribedc. inscribedd. concentric This political cartoon was published in 1980.The main message of the cartoon is thatthe two sides are engaged in a friendly duel.Muslim rebels have invaded the Soviet Union.Muslim rebels are resisting the invading Soviet forces.the two sides are involved in a border dispute. drag and drop each characteristics into the correct category Thepush switch is closed and the door unlocks. Explain in detail how this happens. Which Statement or Inequalities describe the number line graph? Which best describes the irony in the excerpt? Devons current financial goals are to reduce his credit card debt start a retirement plan and save for a down payment on a house which smart goal attribute in the table applies to each of devons financial goals Keegan deposited $700 into his bank account. After one year, his bank account balance was $761.60. What interest rate did he earn? ASAP PLEASESelect all the answers that apply.Which of the following are key elements of national party conventions?National conventions include speeches from party leaders and invited guests.The federal government funds national party conventions.O Delegates from the states cast their votes for candidates at conventions.National parties adopt official platforms at conventions.Conventions take place at polling places and are run by poll watchers. I dont really understand how to do this Helppppppppppppp. Suppose one network executive is selected at random. find the indicated probabilities pls help plsssss sss sss sss s