Mathematics, 22.02.2021 18:00, chevi2005
Because of your amazing work maximizing the revenue for the math club, thebasketball team wants you to help them. They want to know how much admissionthey should charge for their games to make the most money. The athletic directortells you that when they charged $5 per ticket they sold 600 tickets, but when theytried to charge $20 per ticket they sold no tickets.
A) You can assume the relationship between the price of the ticket and the numberof tickets sold is linear. Write a linear function n that models the number oftickets sold, n(p), as a function of the price of the ticket, p. *
B) To calculate revenue, you multiply the price of the ticket by the number oftickets sold. Write a function r that models the revenue generated by sellingtickets, r(p), as a function of the price of the ticket, p.
C) Use your function r from part (b) to recommend a ticket price to the basketballteam. Support your recommendation by explaining how much revenue theycould generate from your ticket price versus a higher or lower price. *
Answers: 3
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