How many general tickets should the college sell to maximize revenue

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DaimenH420696idn DaimenH420696idn

03-11-2022
Mathematics

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How many general tickets should the college sell to maximize revenue

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MikealaU701525idn MikealaU701525idn · Answer 1 · 2022-11-03T12:54:46-04:00

MikealaU701525idn MikealaU701525idn

03-11-2022

Notice that, since 5000 tickets are reserved for students, there are 13000 available tickets that can be acquired by students or the general public.

Since the cost of a general public ticket is greater than that of a student ticket, we can increase the revenue to its maximum by selling the remaining 13000 tickets to the general public only.

Therefore, the answer is 13,000

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