At a price of $4 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1200. For every additional dollar charged, the number of people buying tickets decreases by 60 . What ticket price maximizes revenue? Revenue is maximized when the price is

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter9: Quadratic Functions And Equations
Section9.9: Combining Functions
Problem 4BGP
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At a price of
$4
per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1200. For every additional dollar charged, the number
of people buying tickets decreases by 60 .
What ticket price maximizes revenue?
Revenue is maximized when the price is
Transcribed Image Text:At a price of $4 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1200. For every additional dollar charged, the number of people buying tickets decreases by 60 . What ticket price maximizes revenue? Revenue is maximized when the price is
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