1
answer
145
views
10
Problem

For access to Textbook Solutions, a Class+ or Grade+ subscription is required.

Textbook Expert
Textbook ExpertVerified Tutor
10 Nov 2021

Given information

Given that when the price is per person for the ticket, the sale quantity is 400 tickets. If 50 cents of the price is decreased then the number of moviegoers will increase by 35 per night.

Step-by-step explanation

Step 1.

Let the demand function be .

Differentiate with respect to .

 

Unlock all Textbook Solutions

Already have an account? Log in
Start filling in the gaps now
Log in