

Revenue Optimization and Quadratic Functions
Interactive Video
•
Mathematics
•
9th - 10th Grade
•
Practice Problem
•
Hard
Thomas White
FREE Resource
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19 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial ticket price mentioned in the problem?
$20
$25
$30
$35
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How many people attend when the ticket price is $30?
400
600
300
500
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What happens to attendance for each $1 decrease in ticket price?
Increases by 60
Increases by 30
Increases by 40
Increases by 50
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the seating capacity of the stadium?
800
1100
900
1000
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula for revenue in this context?
Number of tickets sold times the price per ticket
Number of tickets sold plus the price per ticket
Number of tickets sold minus the price per ticket
Number of tickets sold divided by the price per ticket
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does the variable X represent in the revenue equation?
Number of $5 price decreases
Number of $2 price decreases
Number of $1 price decreases
Number of $10 price decreases
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the initial revenue when the ticket price is $30?
$14,000
$10,000
$16,000
$12,000
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