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Mathematics, 29.05.2021 03:20 helpme6191

3. A movie theatre can accommodate a maximum of 350 moviegoers per day. The theatre operators have been changing
the admission price to find out how price affects ticket sales and
profit. Currently, they charge $11 a person and sell about 300
tickets per day. After reviewing their data, the theatre operators
discovered that they could express the relation between profit, P,
and the number of $1 price increases, x, as
P = 20(15 - x)(11 + x).
What ticket price results in the maximum profit? What is the
maximum profit? About how many tickets will be sold at this
price?

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Answers: 1

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