I know this is a long question and I have atempted it, although i just really dont have a clue unfortunately
After a few calculations, Allison and Hannah realize the park will make more money if they raise the price of admission. However, they also understand that there must be a limit to how much the park can charge. As a result, they model the situation with the equation, R = (2400 - 80x)(8 + 0.5x), where R represents the revenue from sales and x represents the number of price increases.
- Write this equation in standard form, R = ax2 + bx + c. Show all of the steps leading to the final answer.
- What price should the park charge to maximize its revenue?
- What price range would produce a revenue over $20,000?