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Question 5 At a price of $6 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1300. For every additional dollar charged, the number of people buying tickets decreases by 65. 1. Find the demand function where p (x) is price per ticket when a number of tickets are sold. 2. Find the Revenue function R(x) 3. How many tickets must be sold to maximize the revenue? (Show work. Use techniques of calculus) Edit View Insert Format Tools Table

Question 5 At a price of $6 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1300. For every additional dollar charged, the number of people buying tickets decreases by 65. 1. Find the demand function where p (x) is price per ticket when a number of tickets are sold. 2. Find the Revenue function R(x) 3. How many tickets must be sold to maximize the revenue? (Show work. Use techniques of calculus) Edit View Insert Format Tools Table

Advanced Engineering Mathematics
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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Question 5 At a price of $6 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1300. For every additional dollar charged, the number of people buying tickets decreases by 65. 1. Find the demand function where p (x) is price per ticket when a number of tickets are sold. 2. Find the Revenue function R(x) 3. How many tickets must be sold to maximize the revenue? (Show work. Use techniques of calculus) Edit View Insert Formati Tools Table
Transcribed Image Text:Question 5 At a price of $6 per ticket, a musical theater group can fill every seat in the theater, which has a capacity of 1300. For every additional dollar charged, the number of people buying tickets decreases by 65. 1. Find the demand function where p (x) is price per ticket when a number of tickets are sold. 2. Find the Revenue function R(x) 3. How many tickets must be sold to maximize the revenue? (Show work. Use techniques of calculus) Edit View Insert Formati Tools Table
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