The cost to keep miniature golf course open each month is $1700. At the current cost...
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The cost to keep miniature golf course open each month is $1700. At the current cost of $3 per game, 550 people play there each month. The owner estimates that for every $0.10 decrease in ticket price, 40more people will play each month. Part A P(x) = (550 + 40x)(3-0.10x) - 1700 represents the profit the miniature golf course will make each month. (Let x = # of price decreases) Simplify the equation. P(x) = Part B Write an inequality to represent the golf course making a profit. Part C What is the maximum profit? The cost to keep miniature golf course open each month is $1700. At the current cost of $3 per game, 550 people play there each month. The owner estimates that for every $0.10 decrease in ticket price, 40more people will play each month. Part A P(x) = (550 + 40x)(3-0.10x) - 1700 represents the profit the miniature golf course will make each month. (Let x = # of price decreases) Simplify the equation. P(x) = Part B Write an inequality to represent the golf course making a profit. Part C What is the maximum profit?
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Part A To simplify the equation Px 550 40x3 010x 1700 Px 1650 120x ... View the full answer
Related Book For
Financial Management for Public Health and Not for Profit Organizations
ISBN: 978-0132805667
4th edition
Authors: Steven A. Finkler, Thad Calabrese
Posted Date:
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