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Mathematics, 06.05.2020 00:36 lilianaalbarrap9tkqo

2. A museum has an admission fee of $14 and averages 300 visitors per day. The museum board
decides to raise the fee. Research indicates that for every $1 increase, there would be 10 fewer
visitors per day. Keeping this in mind, the museum committee has found an equation that
represents revenue compared to the number of $1 increases. This relationship can be modeled by
the function: R= -10x2 + 160x + 4200, where R represents total revenue and x represents the
number of $1 increases above the starting fee of $14.

a) What is the maximum revenue possible for the museum?

b) How many $1 ticket increases will give the museum this maximum revenue?

c) What is the museum's revenue if they do not increase their fee?

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Answers: 2

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