Construct a mathematical model for each of the following problems. (The answers in the back of the book include both the mathematical model and the interpretation of its solution.) Use matrix inverse methods to solve the model and then interpret the solution. Concert tickets. A concert hall has 10 , 000 scats and two categories of ticket prices, $ 25 and $ 35. Assume that all seats in each category can be sold. (A) How many tickets of each category should be sold to bring in each of the returns indicated in the table? (B) Is it possible to bring in a return of $ 200 , 000 ? Of $ 400 , 000 ? Explain. (C) Describe all the possible returns.
Construct a mathematical model for each of the following problems. (The answers in the back of the book include both the mathematical model and the interpretation of its solution.) Use matrix inverse methods to solve the model and then interpret the solution. Concert tickets. A concert hall has 10 , 000 scats and two categories of ticket prices, $ 25 and $ 35. Assume that all seats in each category can be sold. (A) How many tickets of each category should be sold to bring in each of the returns indicated in the table? (B) Is it possible to bring in a return of $ 200 , 000 ? Of $ 400 , 000 ? Explain. (C) Describe all the possible returns.
Construct a mathematical model for each of the following problems. (The answers in the back of the book include both the mathematical model and the interpretation of its solution.) Use matrix
inverse methods to solve the model and then interpret the solution.
Concert tickets. A concert hall has
10
,
000
scats and two categories of ticket prices,
$
25
and
$
35.
Assume that all seats in each category can be sold.
(A) How many tickets of each category should be sold to bring in each of the returns indicated in the table?
(B) Is it possible to bring in a return of
$
200
,
000
? Of
$
400
,
000
? Explain.
College Algebra with Modeling & Visualization (5th Edition)
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