1. A movie theater seats 240 people. For any particular show, the amount of money the theater makesis a function of the number of people, n, in attendance. Analysis of recent price and attendancedata suggests that for a weekday matince showing, if the price of a ticket is set at p dollars, then thenumber of people in attendance, n, is given by n = 240-12p.(a) At what price will no one attend the showing?(b) How many people will attend if prices are set at the regular price of $12? What income will thetheater earn at this price?(c) Write an equation that describes the income, I, that the theater will earn in terms of the ticketprice, p.(d) At what price should tickets be sold to earn the greatest ticket income from the matinee show?What income will the theater earn at this price?

Answered: Image /qna-images/answer/b9a97922-0001-4bd1-bfb5-44dc2c38bfc0.jpg

Answered: 1. A movie theater seats 240 people.…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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