Power & Money, Inc. charges $600 for a seminar on management technic attracts 1000 people. For each $20 decrease in the charge, an addi will the seminar. How much should a ticket cost in order to maximiz How many people would be expected to attend at that cost? What revenue? (Show All Work)

Power & Money, Inc. charges $600 for a seminar on management technic attracts 1000 people. For each $20 decrease in the charge, an addi will the seminar. How much should a ticket cost in order to maximiz How many people would be expected to attend at that cost? What revenue? (Show All Work)

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Description: When Power & Money, Inc. charges $600 for a seminar on management techniques, itattracts 1000 people. For each $20 decrease in the charge, an additional 100 peoplewill the seminar. How much should a ticket cost in order to maximize the revenue?How m

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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When Power & Money, Inc. charges $600 for a seminar on management techniques, it
attracts 1000 people. For each $20 decrease in the charge, an additional 100 people
will the seminar. How much should a ticket cost in order to maximize the revenue?
How many people would be expected to attend at that cost? What would be the total
revenue? (Show All Work)
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