Real-World Applicationsmedium
0:00.0

A concert promoter calculates that if they charge \50perticket,theywillsellper ticket, they will sell1,200tickets.Foreverytickets. For every$5increaseinprice,theywillsellincrease in price, they will sell80fewertickets.Ifthevenuecostsfewer tickets. If the venue costs$10,000plusplus$2$ per attendee, what ticket price (in dollars) maximizes the promoter's profit?