A theater determine that if the admission price is $30, it averages 400 people in attendance. But for every increase of $2, it loses 20 customers from the average number. Every customer spends an average of $2 on concessions. What admission price should the theater charge in order to maximize the revenue? Select one: $15 $22 $7 $34 $60

Q: Last fall the SAC sold 80 PHS sweatshirts for $40 each. A survey shows that for every $2 decrease in…

A: Consider the provided question, Last fall the SAC sold 80 PHS sweatshirts for $40 each. A survey…

Q: Nancy sells handcrafted bracelets at a flea market for $8. If her monthly fixed costs are $845 and…

A:

Q: Merit, Ltd. manufactures a remote control device. The device sells for $25 per unit. The current…

A:

Q: Sasha bought a car for $32,875. Seven years later, the car was worth $22,095. If the depreciation…

A: As you didn't mention the question number. So i just solved the first question.

Q: A car rental agency rents 200 cars per day at a rate of $30 per day. For each $1 increase in rate, 5…

A:

Q: A cell phone factory has a total production cost where the fixed costs are $10,000 and the cost of…

A: Let x be the number of phones manufactured.

Q: The school has 285 students. The lowest possible ticket price is $5.00, and they estimate that for…

A: The school has 285 students. The lowest possible ticket price is $5.00, and they estimate that for…

Q: One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who…

A:

Q: Kara categorized her spending for this month into four categories: Rent, Food, Fun, and Other. The…

A: Given that Food          $356 Rent            $444 Other           $533 Fun              $267 The…

Q: Kara categorized her spending for this month into four categories: Rent, Food, Fun, and Other. The…

A: given that Rent spent = $361Fun spent = $217Food spent = $289Other spent = $433

Q: A t-shirt shop pays $7 each for t-shirts, and sells them for $15 each. The shop's weekly fixed…

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Q: A supplier of souvenir jackets charges street vendors for each order based on a set up fee of $28…

A: It is given that, the supplier charges $28 based on a setup fee and an item charge is $3.4 per…

Q: The cost to buy a plane ticket to Hawaii is $530 if 80 tickets are sold. If more than 80 tickets (up…

A:

Q: When a management training company prices its seminar on management techniques at $400 per person,…

A: Finding the Absolute Maximum Revenue:Finding the exact price that maximizes revenue might require…