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

Grasp the multidimensional learning aspects of successful internships.

Compare and contrast different models of experiential learning.

Appreciate the value of life and prior experiences in enhancing current internship opportunities.

Comprehend the roles of individuals involved in the internship process and the developmental stages of internships.

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Definitions:

Uncollectible Accounts

Uncollectible Accounts are receivables that a company does not expect to collect and are thus written off as an expense for bad debts.

Extraordinary Loss

Unusual and infrequent losses that are not part of the ordinary activities of a business, such as losses from natural disasters.

Goodwill Impairment

A charge that occurs when the fair value of goodwill falls below its carrying value on the balance sheet, indicating that the asset is not generating the expected profits.

Condensed Income Statement

A simplified financial statement showing the gross revenue, expenses, and net income of a company, omitting detailed accounts.