Revenue for a cicus is given by R(x)= x(10000-200x) where x is price of admission.
If the circus costs $50,000 to put on, at what ticket price would revenue equal cost?
Please show work.
50 000 = 10 000x - 200 x^2
0 = -200x^2 + 10 000x - 50 000 Quadratic formula shows x = $ 5.635 or 44.635