Precalculus with Limits
Precalculus with Limits
3rd Edition
ISBN: 9781133947202
Author: Ron Larson
Publisher: Cengage Learning
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Concept explainers

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Maxima and Minima
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Question
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Chapter 2.1, Problem 83E

(a)

To determine

To find: The revenue of the theatre as the function of the ticket price.

(a)

Expert Solution
Check Mark

Answer to Problem 83E

The expression for the revenue function is R(x)=−100x2+3500x .

Explanation of Solution

Given:

The capacity of the theatre has the sitting capacity of 2000 , the price of the ticket is $20 , its attendance is $20 and the attendance is 1500 . Also, for each 1 dollar decrease in the price the attendance increase by 100.

Calculation:

Consider the revenue function of the attendance as the function of the ticket prize is,

  R(x)=ax2+bx+c

Then, the revenue when the ticket prize is of $20 is,

  R(20)=1500(20)=$30000

So, the equation for the revenue is,

  a(20)2+b(20)+c=30000 …… (I)

Then, the revenue when the ticket prize is of $19 is,

  R($19)=1600($19)=$30400

So, the equation for the revenue is,

  a(19)2+b(19)+c=30400 …… (II)

Then, the revenue when the ticket prize is of $18 is,

  R($18)=1700($18)=$30600

So, the equation for the revenue is,

  a(18)2+b(18)+c=30600

From above, from equation (I) and equation (II), the values are,

  a=−100b=3500xc=0

The expression for the revenue function is,

  R(x)=−100x2+3500x

(b)

To determine

To find: The ticket price for the maximum revenue and the maximum revenue,

(b)

Expert Solution
Check Mark

Answer to Problem 83E

The ticket price for maximum revenue is $17.50 and the maximum revenue is $30,625 .

Explanation of Solution

The value of the ticket price for the maximum revenue is,

  x=−b2a

Then,

  x=−3500−2(100)=$17.50

The revenue for the ticket price of $17.50 is,

  R($17.50)=−100($17.50)2+3500($17.50)=$30,625

The ticket price for maximum revenue is $17.50 and the maximum revenue is $30,625 .

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Chapter 2.1, Problem 82E
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Chapter 2.1, Problem 84E

Chapter 2 Solutions

Precalculus with Limits

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Prob. 52ECh. 2.6 - Prob. 53ECh. 2.6 - Prob. 54ECh. 2.6 - Prob. 55ECh. 2.6 - Prob. 56ECh. 2.6 - Prob. 57ECh. 2.6 - Prob. 58ECh. 2.6 - Prob. 59ECh. 2.6 - Prob. 60ECh. 2.6 - Prob. 61ECh. 2.6 - Prob. 62ECh. 2.6 - Prob. 63ECh. 2.6 - Prob. 64ECh. 2.6 - Prob. 65ECh. 2.6 - Prob. 66ECh. 2.6 - Prob. 67ECh. 2.6 - Prob. 68ECh. 2.6 - Prob. 69ECh. 2.6 - Prob. 70ECh. 2.6 - Prob. 71ECh. 2.6 - Prob. 72ECh. 2.6 - Prob. 73ECh. 2.6 - Prob. 74ECh. 2.6 - Prob. 75ECh. 2.6 - Prob. 76ECh. 2.6 - Prob. 77ECh. 2.6 - Prob. 78ECh. 2.6 - Prob. 79ECh. 2.6 - Prob. 80ECh. 2.6 - Prob. 81ECh. 2.6 - Prob. 82ECh. 2.7 - Prob. 1ECh. 2.7 - Prob. 2ECh. 2.7 - Prob. 3ECh. 2.7 - Prob. 4ECh. 2.7 - Prob. 5ECh. 2.7 - Prob. 6ECh. 2.7 - Prob. 7ECh. 2.7 - Prob. 8ECh. 2.7 - Prob. 9ECh. 2.7 - Prob. 10ECh. 2.7 - Prob. 11ECh. 2.7 - Prob. 12ECh. 2.7 - Prob. 13ECh. 2.7 - Prob. 14ECh. 2.7 - Prob. 15ECh. 2.7 - Prob. 16ECh. 2.7 - Prob. 17ECh. 2.7 - Prob. 18ECh. 2.7 - Prob. 19ECh. 2.7 - Prob. 20ECh. 2.7 - Prob. 21ECh. 2.7 - Prob. 22ECh. 2.7 - Prob. 23ECh. 2.7 - Prob. 24ECh. 2.7 - Prob. 25ECh. 2.7 - Prob. 26ECh. 2.7 - Prob. 27ECh. 2.7 - Prob. 28ECh. 2.7 - Prob. 29ECh. 2.7 - Prob. 30ECh. 2.7 - Prob. 31ECh. 2.7 - Prob. 32ECh. 2.7 - Prob. 33ECh. 2.7 - Prob. 34ECh. 2.7 - Prob. 35ECh. 2.7 - Prob. 36ECh. 2.7 - Prob. 37ECh. 2.7 - Prob. 38ECh. 2.7 - Prob. 39ECh. 2.7 - Prob. 40ECh. 2.7 - Prob. 41ECh. 2.7 - Prob. 42ECh. 2.7 - Prob. 43ECh. 2.7 - Prob. 44ECh. 2.7 - Prob. 45ECh. 2.7 - Prob. 46ECh. 2.7 - Prob. 47ECh. 2.7 - Prob. 48ECh. 2.7 - Prob. 49ECh. 2.7 - Prob. 50ECh. 2.7 - Prob. 51ECh. 2.7 - Prob. 52ECh. 2.7 - Prob. 53ECh. 2.7 - Prob. 54ECh. 2.7 - Prob. 55ECh. 2.7 - Prob. 56ECh. 2.7 - Prob. 57ECh. 2.7 - Prob. 58ECh. 2.7 - Prob. 59ECh. 2.7 - Prob. 60ECh. 2.7 - Prob. 61ECh. 2.7 - Prob. 62ECh. 2.7 - Prob. 63ECh. 2.7 - Prob. 64ECh. 2.7 - Prob. 65ECh. 2.7 - Prob. 66ECh. 2.7 - Prob. 67ECh. 2.7 - Prob. 68ECh. 2.7 - Prob. 69ECh. 2.7 - Prob. 70ECh. 2.7 - Prob. 71ECh. 2.7 - Prob. 72ECh. 2.7 - Prob. 73ECh. 2.7 - Prob. 74ECh. 2.7 - Prob. 75ECh. 2.7 - Prob. 76ECh. 2.7 - Prob. 77ECh. 2.7 - Prob. 78ECh. 2.7 - Prob. 79ECh. 2.7 - Prob. 80ECh. 2.7 - Prob. 81ECh. 2.7 - Prob. 82ECh. 2.7 - Prob. 83ECh. 2.7 - Prob. 84ECh. 2.7 - Prob. 85ECh. 2.7 - Prob. 86ECh. 2.7 - Prob. 87ECh. 2.7 - Prob. 88ECh. 2.7 - Prob. 89ECh. 2.7 - Prob. 90ECh. 2 - Prob. 1RECh. 2 - Prob. 2RECh. 2 - Prob. 3RECh. 2 - Prob. 4RECh. 2 - Prob. 5RECh. 2 - Prob. 6RECh. 2 - Prob. 7RECh. 2 - Prob. 8RECh. 2 - Prob. 9RECh. 2 - Prob. 10RECh. 2 - Prob. 11RECh. 2 - Prob. 12RECh. 2 - Prob. 13RECh. 2 - Prob. 14RECh. 2 - Prob. 15RECh. 2 - Prob. 16RECh. 2 - Prob. 17RECh. 2 - Prob. 18RECh. 2 - Prob. 19RECh. 2 - Prob. 20RECh. 2 - Prob. 21RECh. 2 - Prob. 22RECh. 2 - Prob. 23RECh. 2 - Prob. 24RECh. 2 - Prob. 25RECh. 2 - Prob. 26RECh. 2 - Prob. 27RECh. 2 - Prob. 28RECh. 2 - Prob. 29RECh. 2 - Prob. 30RECh. 2 - Prob. 31RECh. 2 - Prob. 32RECh. 2 - Prob. 33RECh. 2 - Prob. 34RECh. 2 - Prob. 35RECh. 2 - Prob. 36RECh. 2 - Prob. 37RECh. 2 - Prob. 38RECh. 2 - Prob. 39RECh. 2 - Prob. 40RECh. 2 - Prob. 41RECh. 2 - Prob. 42RECh. 2 - Prob. 43RECh. 2 - Prob. 44RECh. 2 - Prob. 45RECh. 2 - Prob. 46RECh. 2 - Prob. 47RECh. 2 - Prob. 48RECh. 2 - Prob. 49RECh. 2 - Prob. 50RECh. 2 - Prob. 51RECh. 2 - Prob. 52RECh. 2 - Prob. 53RECh. 2 - Prob. 54RECh. 2 - Prob. 55RECh. 2 - Prob. 56RECh. 2 - Prob. 57RECh. 2 - Prob. 58RECh. 2 - Prob. 59RECh. 2 - Prob. 60RECh. 2 - Prob. 61RECh. 2 - Prob. 62RECh. 2 - Prob. 63RECh. 2 - Prob. 64RECh. 2 - Prob. 65RECh. 2 - Prob. 66RECh. 2 - Prob. 1CTCh. 2 - Prob. 2CTCh. 2 - Prob. 3CTCh. 2 - Prob. 4CTCh. 2 - Prob. 5CTCh. 2 - Prob. 6CTCh. 2 - Prob. 7CTCh. 2 - Prob. 8CTCh. 2 - Prob. 9CTCh. 2 - Prob. 10CTCh. 2 - Prob. 11CTCh. 2 - Prob. 12CTCh. 2 - Prob. 13CTCh. 2 - Prob. 14CTCh. 2 - Prob. 15CTCh. 2 - Prob. 16CTCh. 2 - Prob. 17CTCh. 2 - Prob. 18CTCh. 2 - Prob. 1PSCh. 2 - Prob. 2PSCh. 2 - Prob. 3PSCh. 2 - Prob. 4PSCh. 2 - Prob. 5PSCh. 2 - Prob. 6PSCh. 2 - Prob. 7PSCh. 2 - Prob. 8PSCh. 2 - Prob. 9PSCh. 2 - Prob. 10PSCh. 2 - Prob. 11PSCh. 2 - Prob. 12PSCh. 2 - Prob. 13PS
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