Westonci.ca connects you with experts who provide insightful answers to your questions. Join us today and start learning! Join our Q&A platform to get precise answers from experts in diverse fields and enhance your understanding. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.
Sagot :
Answer:
New price is $12.75
New attendance is 57500
Step-by-step explanation:
For starters, we use the relation.
18 - 3x
Since we don't know the number of times we're expected to deduct $3 from the price.
Again, we have 40000 + 10000x on another hand. Question says to add 10000 people everytime $3 is deducted.
Since (40000 + 10000x) is the number of people, we multiply it by $4.50, the average amount each person spends is then gotten to be
(18 - 3x) (40000 + 10000x) + (40000 + 10000x) (4.5) = 0
Expanding the bracket, we have
[720000 + 60000x - 30000x²] + [180000 + 45000x] = 0, solving further, we have
900000 + 105000x - 30000x² = 0 or
-30000x² + 105000x + 900000 = 0
Then, we find the maximum of a quadratic, by finding the axis of symmetry. Use x = -b/2a
x = -105000 / 2 * -30000
x = -105000 / -60000
x = 1.75
From our earlier equations, the new price then is
18 - 3(1.75) = 18 - 5.25 = $12.75
The new attendance also is
40000 + 10000(1.75) =
40000 + 17500 = 57500
We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Westonci.ca is here to provide the answers you seek. Return often for more expert solutions.