Check your answer by confirming that the price you found max
Check your answer by confirming that the price you found maximizes the revenue for the given information.
Solution
Solution: given first day ticket price is 10.5 doller and 1400 ticket sold
and per day .5 doller inc. price and 40 less sold
then the revenue of the day is (10.5+.5x)(1400-40x) where x is no. of the day
diffrentiet the eq., we get x=7
7 th day revenue is maximum
A(x)=(10.5+.5x)(1400-40x)
