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Mathematics 18 Online
OpenStudy (anonymous):

Need help with some pre-calc homework, if anyone's feelin' up to it. o.o 1. A theater company has found that it can sell 100 tickets for a play at a price of $15 per ticket, and they can sell 160 tickets at a price of $12 per ticket. (a) Find the demand function p(x) for the price at which they company can sell x tickets. Assume that p(x) is linear. (b) How many tickets should they company sell to maximize revenue? (c) At what price should they sell the tickets in order to maximize revenue?

OpenStudy (anonymous):

Hey.

OpenStudy (anonymous):

I'm trying to work on it. So far I got... -1/20. I think that's the slope...

OpenStudy (anonymous):

I did y2-y1 / x2 - x1 or whatever.

OpenStudy (anonymous):

Not really sure what to do now.

OpenStudy (anonymous):

I got p(x) = -1/20x + 20. Am I doing the right thing so far? o.o

OpenStudy (mertsj):

yep

OpenStudy (anonymous):

Oh hey sorry I had to walk away from this for a while lol. I think I solved it. x=200 by finding the derivative of some stuff and then I found the cost would be $10.00.

OpenStudy (anonymous):

Oh hey.

OpenStudy (anonymous):

Do you know if my answers are right? o.o I was just about to give up and close the question so I could open a new one.

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