A movie theater has been charging $10.00 per person and selling about 500 tickets on a typical weeknight. After surveying their customers, the theater management estimates that for every 50 cents that they lower the price, the number of moviegoers will increase by 50 per night. Find the demand function. (Let x represent the number of tickets sold and p represent the price.)

Answers

Answer 1

Answer:

[tex]p(x) = -0.01x + 15[/tex]

Step-by-step explanation:

Given

Let x represent the number of tickets, and p the charges

[tex](x_1,p_1) = (500,10)[/tex]

A reduction of 50c gives an increment of 50 tickets.

This gives:

[tex](x_2,p_2) = (500+50,10-0,5)[/tex] ---- [tex]50c = \$0.5[/tex]

[tex](x_2,p_2) = (550,9.5)[/tex]

Required

Determine the demand function

First, calculate the slope:

[tex]m = \frac{p_2 - p_1}{x_2 - x_1}[/tex]

[tex]m = \frac{9.5 - 10}{550-500}[/tex]

[tex]m = \frac{-0.5}{50}[/tex]

[tex]m = -0.01[/tex]

So, the equation is:

[tex]p = m(x - x_1) + y_1[/tex]

[tex]p = -0.01(x - 500) +10[/tex]

[tex]p = -0.01x + 5 +10[/tex]

[tex]p = -0.01x + 15[/tex]

Hence, the function is:

[tex]p(x) = -0.01x + 15[/tex]


Related Questions

The first term of an arithmetic sequence is -5, and the tenth term is 13.

Find the common difference.

2
1.8
8/9

Answers

Answer:

Step-by-step explanation:

Let d be the common difference.

a₁₀ = a₁ + (10-1)d

13 = -5 + 9d

d = 2

Lupita y Andrés quieren comprar un bicicleta que ven todos los días en el aparador de la tienda la cual cuesta $3 686 ( IVA incluido 16%) y tiene el 20% de descuento ¿Cuanto pagara por la bicicleta?

Answers

Haoeiwhah63618463642

Item 8
Select the cone(s) that are similar to a cone with a height of 9 meters and a radius of 3 meters.

cone with a height of 15 meters and a radius of 6 meters

cone with a height of 12 meters and a radius of 4 meters

cone with a height of 6 meters and a radius of 3 meters

cone with a height of 3 meters and a radius of 1 meter

Answers

Answer: 12 meters

hope that helped

Using L Hospital's rule, evaluate :
lim
x →0(x² – Sin²x)/x^2​

Answers

Answer:

0

Step-by-step explanation:

L Hospital's rule states that as long as u have the form

of infinity / infinity or 0/0 in general you can take its derivative to find the limit.

In this case as X tends to 0, the numerator tends to 0

Denominator will also tends to 0.

We have the 0 / 0 form, which means we can take the derivative for its numerator and denominator which gives

(2x - 2SinxCosx) / 2x | lim x -> 0

= (2x - Sin2x) / 2x | lim x -> 0

Based on this equation, as x tends to 0

both numerator and denominator tends to 0.

So we take its second derivative,

(2 - 2Cos2x) / 2

Now as x -> 0,

we will get (2 - 2)/2 = 0

Five less than 10 times a number is -13.

Answers

Answer:

10 x X - 5 = -13

Answer:

Step-by-step explanation:

10x-5= -13

10x= -13+5

10x= -8

x= 10/-8

x= -1.25 or 5/-4

if a state issued license plates using the scheme of one letter followed by five digits, how many plates could it use

Answers

Answer:

786240 different license plates.

Step-by-step explanation:

The required number of plates that can be used is 2,599,974.

Given that,
State-issued license plates use the scheme of one letter followed by five digits, how many plates could it used is to be determined.

What is simplification?

The process in mathematics to operate and interpret the function to make the function or expression simple or more understandable is called simplifying and the process is called simplification.

here,
Maxium five-digit number = 99999
Total letters = 26
Number of plates = 26 × 99999 = 2,599,974

Thus, the required number of plates that can be used is 2,599,974.

Learn more about simplification here:

https://brainly.com/question/12501526

#SPJ2

What is the inverse operation needed to isolate the variable 4 = p - 8

Answers

It’s addition

If you want I can explain it to you in the comments

Answer:

To do this you need to add both sides by 8. yw

Step-by-step explanation:

PLEASE ITS URGENT I NEED HELP ..
PLEEEAASEEE !!!
I BEG YOU GUYS ...

Thanks for the help...

i actually put the answer AT RANDOM so pay no attention to it​

Answers

Answer:

the answer is 3 x 10^6

Step-by-step explanation:

The answer is D. Mainly because it’s the only answer in scientific notation

help please i beg you

Answers

Answer:

4800

Step-by-step explanation:

Answer:

108

Step-by-step explanation:

if u need step by step explanation please comment

what is the value of y? ​

Answers

9514 1404 393

Answer:

  y = 8√3

Step-by-step explanation:

In the 30°-60°-90° "special" triangle, the ratio of sides lengths is ...

  1 : √3 : 2 = 8 : y : hypotenuse

In order for these ratios to be equal, we must have ...

  y = 8√3

__

If you want to solve this using your trig skills, you recognize that ...

  Tan = Opposite/Adjacent

  tan(30°) = 8/y

  y = 8/tan(30°) . . . . where tan(30°) = 1/√3

  y = 8√3

Evaluate 3(c+d) if c=8 and d=-5

A. 6
B. 9
C. 39
D. -9

Answers

Answer:

C

Step-by-step explanation:

3(8+5)=39

3(13)=39

or

3(8)+3(5)=39

Answer:

b. 9

Step-by-step explanation:

if c = 8 and d = - 5

3( c + d)

= 3( 8 + (-5))

= 3 * 3

= 9

i need a reduced mixed number from 12(x-6)=2(x-9)

Answers

Step-by-step explanation:

12×x-12×6=2×x-2×9

12x-72=2x-18

12x-2x= -18+72

10x = 54

x =54/10

x = (5)\4/10

Two similar squares are in a ratio of 3:5. If a side of the larger square is 35 inches, what is the measure of a side of the smaller square?

Answers

In my opinion the answer to this question is 21

I need help and NO LINKS

Answers

second graph, the other three are all the same(reflection) while number two is different and shows a translation

Select the statement that describes this expression: 5 x (3 + 4) − 4.

5 times the sum of 3 and 4, then subtract 4
5 times 3 plus 4 minus 4
5 more than the sum of 3 and 4, and then subtract 4
5 times 3 plus the difference of 3 and 4

will give branlist

Answers

5 times the Sum of 3 and 4, then subtract 4

Answer:

5 times the sum of 3 and 4, then subtract 4

Step-by-step explanation:

simplify your math.

5(7)-4

35-4

31

Find the next number in the pattern.
4, 6, 11, 19, 30, ______

Answers

Answer: 44

Step-by-step explanation:

At a school, 40% of the sixth-grade students said that hip-hop is their favorite kind of music. If 68 sixth-grade students prefer hip hop music, how many sixth-grade students are at the school?

Answers

Answer:

170

Step-by-step explanation:

Testing:

H0:μ=54.5

H1:μ<54.5

Your sample consists of 48 subjects, with a mean of 54.1 and standard deviation of 1.8.

Calculate the test statistic, rounded to 2 decimal places.

t=

Answers

Answer:

t = -1.54.

Step-by-step explanation:

The test statistic is:

[tex]t = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis, [tex]\sigma[/tex] is the standard deviation and n is the size of the sample.

H0:μ=54.5

This means that [tex]\mu = 54.5[/tex]

Your sample consists of 48 subjects, with a mean of 54.1 and standard deviation of 1.8.

This means, respectively, that [tex]n = 48, \mu = 54.1, \sigma = 1.8[/tex]

Test statistic

[tex]t = \frac{X - \mu}{\frac{\sigma}{\sqrt{n}}}[/tex]

[tex]t = \frac{54.1 - 54.5}{\frac{1.8}{\sqrt{48}}}[/tex]

[tex]t = -1.54[/tex]

The test statistic is t = -1.54.

a map that created using a scale of 1 inch equals 3 miles shows a lake with an area of 18 square inches was a actual area of the lake​

Answers

Answer:

Step-by-step explanation:

18in^2(3mi/in)^2

18in^2(9mi^2/in^2)

162 mi^2


What is 2 7/12 written as a decimal?

OA) 0.2583
OB) 2.583
C) 2.583
OD) 5.83

Answers

Answer:

its 2.583333333 and repeating so it would be 2.583

A rectangular room is 1.6 times as long as it is wide, and its perimeter is 34 meters. Find the dimensions of the room.​

Answers

Answer:

Step-by-step explanation:

x=1.6w and 2w+2x=34.

Simply substitute for x in the perimeter equation, and solve for w. Now compute x.

the difference of 17 and 5 times a number (s)​

Answers

Answer:

(17-5)x

Step-by-step explanation:

the x next to the parenthesis means multiplication

Answer:

17 - 5s

Step-by-step explanation:

difference = minus sign

5 times = 5s

In ΔDEF, the measure of ∠F=90°, the measure of ∠D=69°, and FD = 64 feet. Find the length of DE to the nearest tenth of a foot.

Answers

Answer:

Step-by-step explanation:

Please help for 10 ponits

Answers

Answer:

it's a yes

Step-by-step explanation:

X/6 ≤ 30

to find the value of X we have to move the numerical to the other side

in this case the number is 1/6

X * 1/6 ≤ 30

so to balance the both side and get rid of the number on the left side we multiple with 6.

1/6*6 = 1 on the left side

30*6 = 180 on the right side

so the full equation will be

X * 1/6 * 6 ≤ 30 * 6

X * 1 ≤ 180

X ≤ 180

Nathan inherited $100,000 from a wealthy uncle and invested the money in an account that earns 4% interest compounded annually.
How much interest will this money earn if Nathan leaves it in the account for 10 years?

Answers

40,000 is how much he’ll earn from the investment

Sara’s teacher gave her class 10 quizzes, each worth 30 marks. Sara’s marks on the test are given below.

16,15,18,16,17,4,18,19,18,15

Determine the mean, median and mode of her marks.

Answers

Answer:

The mean is 6.6

The median is 16

mode is 18

Step-by-step explanation:

I'm not sure if this is tight but yeah:)

5.
The Luxor Hotel in Las Vegas, Nevada,
is shaped like a square pyramid whose
surface is covered in dark glass. The
sides of the building are 606 feet in
length. The slant height of the building
is 463 feet. Find the lateral surface area
to determine the square feet of glass
needed to cover the surface of the Luxor
Hotel.

Answers

Answer:

= 869,516 sq feet

i think will you mark me brainlest

=))

Step-by-step explanation:

The population in City A is 3 1/2 times the population of City B. The population of City B is 1,800,000. What is the population of City​ A?

Answers

Answer:

The population of city A is 6,300,000.

Step-by-step explanation:

1,800,000 × 3[tex]\frac{1}{2}[/tex]

3[tex]\frac{1}{2}[/tex] is equal to 3.5

Plug in 1,800,000 × 3.5 into your calculator

= 6,300,000

solve (x- 4.5)/2=5.5 for x
please help asap

Answers

Answer:

x=31/2

Step-by-step explanation:

don't have steps but its right.

Answer:

x = 31/2 = 15 1/2 = 15.5

Step-by-step explanation:

(x- 4.5)/2=5.5

Multiply both sides by 2.

x−4.5=5.5×2

Multiply 5.5 and 2 to get 11.

x−4.5=11

Add 4.5 to both sides.

x=11+4.5

Add 11 and 4.5 to get 15.5.

x=15.5

What are the two solutions to 2x2−x−4=0 ? Use the quadratic equation

Answers

Answer in the photo below. Good luck.
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