Westonci.ca is the best place to get answers to your questions, provided by a community of experienced and knowledgeable experts. Explore thousands of questions and answers from a knowledgeable community of experts on our user-friendly platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
Sagot :
To solve the problem, we need to find an equation that, when solved for [tex]\(x\)[/tex], will determine the number of price increases that results in a total revenue of [tex]$1,700.
### Step-by-Step Solution:
1. Define Variables:
- Let \(x\) be the number of price increases of $[/tex]0.25 each.
- The initial ticket price is [tex]$8.50. - The initial number of tickets sold is 200. - Each price increase of $[/tex]0.25 results in a decrease of 5 tickets sold.
2. New Ticket Price:
- After [tex]\(x\)[/tex] increases, the new ticket price will be:
[tex]\[ \text{New Price} = 8.50 + 0.25x \][/tex]
3. New Number of Tickets Sold:
- After [tex]\(x\)[/tex] increases, the new number of tickets sold will be:
[tex]\[ \text{New Sales} = 200 - 5x \][/tex]
4. Revenue Calculation:
- The total revenue is the product of the new ticket price and the new number of tickets sold:
[tex]\[ \text{Revenue} = (\text{New Price}) \times (\text{New Sales}) \][/tex]
Plugging in the expressions for the new price and new sales:
[tex]\[ \text{Revenue} = (8.50 + 0.25x) \times (200 - 5x) \][/tex]
5. Revenue Target:
- We are given the revenue target is $1,700. Therefore, we set up the equation:
[tex]\[ (8.50 + 0.25x)(200 - 5x) = 1,700 \][/tex]
6. Expand and Simplify the Equation:
- Distribute the terms:
[tex]\[ (8.50 \times 200) + (8.50 \times -5x) + (0.25x \times 200) + (0.25x \times -5x) = 1,700 \][/tex]
- Simplify the equation:
[tex]\[ 1,700 - 42.5x + 50x - 1.25x^2 = 1,700 \][/tex]
- Combine like terms:
[tex]\[ 1,700 + 7.5x - 1.25x^2 = 1,700 \][/tex]
- Subtract 1,700 from both sides:
[tex]\[ 7.5x - 1.25x^2 = 0 \][/tex]
- Rearrange the equation:
[tex]\[ -1.25x^2 + 7.5x - 1,700 = 0 \][/tex]
### Conclusion:
The equation that the company can solve to find the number of price increases [tex]\(x\)[/tex] that results in the target revenue is:
[tex]\[ -1.25x^2 + 7.5x - 1,700 = 0 \][/tex]
Thus, the correct option is:
[tex]\[ \boxed{-1.25x^2 + 7.5x - 1,700 = 0} \][/tex]
So, the correct answer is:
[tex]\[ \text{A. } -1.25 x^2 + 7.5 x - 1,700 = 0 \][/tex]
- The initial ticket price is [tex]$8.50. - The initial number of tickets sold is 200. - Each price increase of $[/tex]0.25 results in a decrease of 5 tickets sold.
2. New Ticket Price:
- After [tex]\(x\)[/tex] increases, the new ticket price will be:
[tex]\[ \text{New Price} = 8.50 + 0.25x \][/tex]
3. New Number of Tickets Sold:
- After [tex]\(x\)[/tex] increases, the new number of tickets sold will be:
[tex]\[ \text{New Sales} = 200 - 5x \][/tex]
4. Revenue Calculation:
- The total revenue is the product of the new ticket price and the new number of tickets sold:
[tex]\[ \text{Revenue} = (\text{New Price}) \times (\text{New Sales}) \][/tex]
Plugging in the expressions for the new price and new sales:
[tex]\[ \text{Revenue} = (8.50 + 0.25x) \times (200 - 5x) \][/tex]
5. Revenue Target:
- We are given the revenue target is $1,700. Therefore, we set up the equation:
[tex]\[ (8.50 + 0.25x)(200 - 5x) = 1,700 \][/tex]
6. Expand and Simplify the Equation:
- Distribute the terms:
[tex]\[ (8.50 \times 200) + (8.50 \times -5x) + (0.25x \times 200) + (0.25x \times -5x) = 1,700 \][/tex]
- Simplify the equation:
[tex]\[ 1,700 - 42.5x + 50x - 1.25x^2 = 1,700 \][/tex]
- Combine like terms:
[tex]\[ 1,700 + 7.5x - 1.25x^2 = 1,700 \][/tex]
- Subtract 1,700 from both sides:
[tex]\[ 7.5x - 1.25x^2 = 0 \][/tex]
- Rearrange the equation:
[tex]\[ -1.25x^2 + 7.5x - 1,700 = 0 \][/tex]
### Conclusion:
The equation that the company can solve to find the number of price increases [tex]\(x\)[/tex] that results in the target revenue is:
[tex]\[ -1.25x^2 + 7.5x - 1,700 = 0 \][/tex]
Thus, the correct option is:
[tex]\[ \boxed{-1.25x^2 + 7.5x - 1,700 = 0} \][/tex]
So, the correct answer is:
[tex]\[ \text{A. } -1.25 x^2 + 7.5 x - 1,700 = 0 \][/tex]
We appreciate your visit. Hopefully, the answers you found were beneficial. Don't hesitate to come back for more information. We hope you found this helpful. Feel free to come back anytime for more accurate answers and updated information. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.