Question
*NEED ANSWERED WITHIN 7 HOURS* In regards to mathematical solutions that can be implemented in the real world, x = the price of seat tickets
*NEED ANSWERED WITHIN 7 HOURS*
In regards to mathematical solutions that can be implemented in the real world, x = the price of seat tickets ($) and y = the price of floor tickets ($), we found that an appropriate model for the constraints given consisted of the following two mathematical equations:
500x + 250y = 25,750
(x + y)/2 = 20
This resulted in the solution set (x,y) = (63,-23), which does not make practical sense since we cannot charge -$23 for a ticket.
The problem has to be rectified by "tweaking" the constraints to produce a viable solution to the problem at-hand.
I need to address within my response that:
**If we only change the: a.) number of floor tickets b.) number of seat tickets c.) revenue d.) average price of a ticket
what is the reasonable possibility for the price and what is the resulting solution for each of the listed above in a-d?
Each part is in need of a clear explanation with detail and must be graphed even though the outcomes won't make sense in real-life terms I am trying to figure how this gets pieced together.
Please help!
Thank you.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started