Mich M.

asked • 10/19/17

What ticket price will maximize the revenue?

the student council plans to run the school talent show to raise money for charity. Last year, tickets sold for $11 each and 400 people attended. The student council has decided to raise the ticket price for this year's talent show. The student council has determined that for every $1 increase in price, the talent show attendance would decrease by 20 people. What ticket price will maximize the revenue?

1 Expert Answer


Kenneth S. answered • 10/19/17

4.8 (62)

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