Limited access

Upgrade to access all content for this subject

Tickets to a movie at a small theater cost $\$15$ for one showing if at least $100$ tickets are sold. For every $\$1$ decrease in ticket price, the number of tickets sold increases by $10$.

What price must the theater charge per ticket in order to maximize their revenue?

A

$\$12.50$

B

$\$10$

C

$\$5$

D

$\$2.50$

Select an assignment template