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aisha
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I used to know how to do this but I can't remember can someone please help me out?
An amusement park charges $8 admission and average of 2000 visitors per day. A survey shows that, for each 1$ increases in the admission cost, 100 fewer ppl would visit the park.
Write an equation to express the revenue R(X) dollars, in terms of a price increase of x dollars
find the coordinates of the maximum point of this function--> I think for this you complete the square and the coordinates is the vertex.
what admission cost gives you the maximum revenue--> is this the x value?
how many visitors give the maximum revenue? is this the y value?
please help me I am a little lost thanks
An amusement park charges $8 admission and average of 2000 visitors per day. A survey shows that, for each 1$ increases in the admission cost, 100 fewer ppl would visit the park.
Write an equation to express the revenue R(X) dollars, in terms of a price increase of x dollars
find the coordinates of the maximum point of this function--> I think for this you complete the square and the coordinates is the vertex.
what admission cost gives you the maximum revenue--> is this the x value?
how many visitors give the maximum revenue? is this the y value?
please help me I am a little lost thanks