LakshanaF433015 LakshanaF433015
  • 29-10-2022
  • Mathematics
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How do I find the ticket price so that I can also find the maximum profit?

How do I find the ticket price so that I can also find the maximum profit class=

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LinkR628534 LinkR628534
  • 29-10-2022

We have a quadratic equation of the form:

[tex]f(x)=at^2+bt+c[/tex]

Let:

P(t) = Profit

[tex]\begin{gathered} P(t)=-t^2+27t-112 \\ _{\text{ }}where\colon \\ a=-1 \\ b=27 \\ c=-112 \end{gathered}[/tex]

Using the formula provided by the problem:

[tex]\begin{gathered} h=-\frac{b}{2a} \\ so\colon \\ h=-\frac{27}{2(-1)} \\ h=13.5 \end{gathered}[/tex]

Answer:

$13.5

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