Ex: Quadratic Model Application - Ticket Price to Maximize Revenue

This video explains how to algebraically find a ticket price that will maximize revenue when the quantity sold is a linear function of price. The linear quadratic function is found from data given.
Site: mathispower4u
Blog: mathispower4u.w...

[@coolpotato142]

Very confusing and unhelpful video.

[@ponzianomanning3071]

An easier method, I think, is to use a formula: ( 28000 + 2000x )($15 - 1x ), If you FOIL this out you'll have the Quad equation needed to find the answers. The method shown in the video seems more complicated?

[@hotman718]

I understand this but at the same time I don't. It's a lot of steps.

[@jamesanderson3271]

I thought that the ticket price was on the y-axis and the number of people were on the x-axis!

[@nanc1656]

very confusing video

[@ecco2kitten]

i been saying the same shi i think we both jus stupid gang

[@kirsten007]

thank you so much bro ive been going insane for hours over this one question

[@Mathispower4u]

No problem 👍

[@jakebrown47]

where did the 24,000 come from

[@allysonjohnson7865]

how do you decide which figure is x and which is y?

[@Mathispower4u]

Because the price controls the attendance or because the attendance depends on the price.