A Small Theater Has a Seating Capacity of 2000 $R ( x ) = - 50 x ^ { 2 } + 2500 x , 10 \leq x \leq 20$

question 247

Multiple Choice

A small theater has a seating capacity of 2000.When the ticket price is $20, attendance is 1500.For each $1 decrease in price, attendance increases by 50.The revenue R of the theater as a function of ticket price x is as follows $R ( x ) = - 50 x ^ { 2 } + 2500 x , 10 \leq x \leq 20$ What ticket price will yield a maximum revenue?

• A)$55.00
• B)$35.00
• C)$25.00
• D)$45.00
• E)$65.00

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Accounting Equation

The basic formula expressing that a company's total assets are equal to the sum of its liabilities plus equity capital.

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