Question:

Suppose Cineplex at Masonville Place can sell out a 300-seat

Last updated: 7/24/2022

Suppose Cineplex at Masonville Place can sell out a 300-seat

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.