Discuss the effect on the solutions to Problem 49 if it is no longer required to have

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Discuss the effect on the solutions to Problem 49 if it is no longer required to have an equal number of $8 tickets and $20 tickets.


Data from Problem 49

An outdoor amphitheater has 25,000 seats. Ticket prices are $8, $12, and $20, and the number of tickets priced at $8 must equal the number priced at $20. How many tickets of each type should be sold (assuming that all seats can be sold) to bring in each of the returns indicated in the table? Solve using the inverse of the coefficient matrix.

Tickets sold Return required 1 25,000 $320,000 Concert 2 25,000 $330,000 3 25,000 $340,000

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Finite Mathematics For Business Economics Life Sciences And Social Sciences

ISBN: 9780134862620

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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