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Use the table below to create a nonlinear model based on the table to answer the following questions) .
The Atlas Movies Theater is planning to reprice their ticket rates to maximize revenues. They have three classes of tickets: Classic, Silver, and Gold. The table below provides information on the average ticket sales, revenue and price elasticity on demand. They have a total seating capacity of 300. The table also provides the price range within which they plan to reduce their ticket rates.
-According to the nonlinear model, which of the following is the projected revenue figure for Classic tickets based on its new price?
Adaptive Value
The extent to which a genetic trait or behavior enhances the survival or reproductive success of an organism in its environment.
Terrestrial Insects
Insects that live primarily on land rather than in water or air, with adaptations to various terrestrial environments.
Tracheae
A network of small tubes in insects and some arachnids that facilitates respiratory gas exchange directly with body cells.
Gas Exchange
The biological process through which organisms exchange gases with their environment, including the intake of oxygen and the release of carbon dioxide.
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