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QUESTION
A movie theater estimates that for each $0.50 increase in ticket price, the number of tickets sold decreases by 60. the current ticket price of...
A movie theater estimates that for each $0.50 increase in ticket price, the number of tickets sold decreases by 60. the current ticket price of $16.50 yeilds 1800 tickets sold. Set up an equation to represent the daily revenue. What price should the theater charge for tickets in order to maximize daily revenue?
