A concert promoter estimates that if he sells tickets at a price of $15 each, he will sell 200 tickets. For each dollar that he decreases the price he will sell 20 more tickets. Express the total revenue R from ticket sales as a function of the ticket price p. Graph the result and estimate the optimum ticket price.
My ANSWER:
x,y
15, 200
slope= -20
200= -20(15)+b
200+300=b
b=500
Equation for price: (p) -20x+500
Equation for Revenue: ???
How do you write the Revenue function as a function of the ticket price p?
2007-09-03
16:27:39
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1 answers
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asked by
Anonymous
in
Science & Mathematics
➔ Mathematics