Suppose Cineplex at Masonville Place can sell out a 300-seat theatre when tickets are sold...
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Suppose Cineplex at Masonville Place can sell out a 300-seat theatre when tickets are sold for $24. For each $3 increase, 15 less tickets will be sold. Use a quadratic relation to determine the necessary ticket price to earn maximum revenue.
Suppose Cineplex at Masonville Place can sell out a 300-seat theatre when tickets are sold for $24. For each $3 increase, 15 less tickets will be sold. Use a quadratic relation to determine the necessary ticket price to earn maximum revenue.
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