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l've asked this question before, but l only gave the info, not the question itself. Sorry about that.

 

'800 people will attend a concert if tickets cost 20 each. Attendance will decrease by 30 people for each $1 increase in the price. The concert promoters need to make a minimum of 12,800'?

 

1] What is the range of ticket prices the concert promoters can charge and still make at least the minimum amount of money desired?

A) 27.52>=ticket price>=5.81

b) 12.48<=ticket price<=34.19

c) ticket price<=12.48 or ticket price>=34.19

d) ticket price>= 27.52 or ticket price<=5.81

 Jan 11, 2016
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If you saw my earlier answer, here.......http://web2.0calc.com/questions/creating-a-polynomial-equation-in-a-word-problem#r1

 

Notice that the price of a ticket was represented by (20 +P)  where P is the price increase...or, in this case, decrease

 

So.........look at the graph, here......https://www.desmos.com/calculator/teadcoca0a

 

P ranges from  -7.52  to 14.19......thus....the price per ticket  would be from

 

(20 + -7.52)  to  (20 + 14.19)   =   (12.48)  to (34.19)

 

Thus .....b) is the correct answer.......between these two prices we make at least the minimum....

 

 

cool cool cool

 Jan 11, 2016

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