A concert hall has 12 000 seats and two categories of ticket prices 35 and...

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A concert hall has 12 000 seats and two categories of ticket prices 35 and 45 Assume that all seats in each category can be Concert 2 1 12 000 12 000 490 000 447 000 Tickets sold Return required Concert 1 a How many tickets of each category should be sold to bring in each of the returns indicated in the table 35 Tickets 45 Tickets Concert 2 3 12 000 466 000 Concert 3 b Is it possible to bring in a return of 346 000 when all the seats are sold A No 346 000 is greater than the highest possible return B Yes 346 000 is within the range of possible returns C No 346 000 is less than the smallest possible return D None of the above Is it possible to bring in a return of 548 000 when all the seats are sold A No 548 000 is greater than the highest possible return

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