User Account

All Pages

System of linear equations problem

Assignment Help Mathematics
Reference no: EM131373167

Suppose a vendor sells seat tickets and floor tickets to a concert. She would like to determine the price she should charge for each ticket type to meet her needs. She can admit 500 people on the floor and 250 people for seats. She needs a concert revenue of $25,750 in order to cover her costs and to take home a little bit of profit. Additionally, the average of the two ticket prices should be $20 so that the average price that shows up on her website sounds appealing to concert-goers. Assume she will fill up the venue.

1. Set up the problem above as a system of linear equations problem. Clearly explain your thought-process. Solve the system and analyze the results. Incorporate a graph of your solution. If any issues exist with the solution, discuss what happened and why it happened.

Reference no: EM131373167

Questions Cloud

Identify a new law or regulation that affects the practice : Identify a new law or regulation that affects the practice of public health or community health nursingin the United States. Discover the sponsor of the action. Using news reports, statements in the public record, personal telephone or other inter..
What is the probability of a randomly chosen family : Family incomes have a mean of $60 000 with a standard deviation of $20 000. The data are normally distributed.
Mathematical operation which can be performed : What are the mathematical operation which can be performed on matrices? What are the uses of matrices?
Variance of the number of the empty boxes : Suppose that 80 balls are placed in 40 boxes at random and independently. What is the variance of the number of the empty boxes.
System of linear equations problem : Set up the problem above as a system of linear equations problem. Clearly explain your thought-process. Solve the system and analyze the results. Incorporate a graph of your solution. If any issues exist with the solution, discuss what happened an..
Do you notice anything strange about the machine’s behavior : Do you notice anything strange about the machine's behavior? What happens if you insert too much money into the machine - do you receive any refund? What happens if you do not insert enough and then try to print a ticket?
Deliberate mistake did the artist make : Find the magic square that is located on the side of the La Sagrada Familia Basilica in Barcelona Spain. What number does the magic square adds up to? What deliberate mistake did the artist make in order to get that number?
Create a ticket machine object on the object bench : As this is a simple machine, a ticket will not be issued automatically, so once you have inserted enough money, call the print Ticket method. A facsimile ticket should be printed in the Blue J terminal window.
Summary of the issue in a large paragraph : After reading about the development goal, I want you to present us with a summary of the issue in a large paragraph. You can be as broad or as specific as you like (e.g., improving education for everyone, for college students, or just for girls in..

Reviews

Write a Review

Mathematics Questions & Answers

  What was the rate of rainfall for each of the two storms

Two rainstorms occurred in one week in a certain area. The first storm lasted 25 hours and the second storm lasted 15 hours for a total 1025 mL of rain. What was the rate of rainfall for each of the two storms if the sum of the two rates was 55 mL..

  Auditing of financial statements

If auditing of financial statements is required for the protection of public investors, should not all PCAOB members be taken from the investment community that uses audited financial statements? Why or why not?

  Calculate the z or t value of the sample test statistic

Calculate the z or t value of the sample test statistic

  What are the dimensions of such a cylinder which has maximum

A cylinder is inscribed in a right circular cone of height 2 and radius (at the base) equal to 5.5. What are the dimensions of such a cylinder which has maximum volume?

  How many cubic yards of concrete are needed

How many cubic yards of concrete are needed?

  Discussing importance of ethics and social responsibility

You are tasked with choosing a corporation and discussing the importance of ethics and social responsibility in relation to that particular corporation.

  What overall dimensions will minimize the amount of paper

You are designing a rectangular poster to contain 48 in^2 of printing with a 3-in. margin at the top and bottom and a 1-in. margin at each side. What overall dimensions will minimize the amount of paper used?

  Determine the gradient grad

Determine the gradient grad f and the value of |grad f| in spherical coordinates

  Function of the term of the investment

Suppose $4000 is invested in an account which offers 6.25% compounded monthly. a) Express the amount A in the account as a function of the term of the investment t in years

  What can you say about the coefficients c and d

Suppose the system below is consistent for all possible values of f and g. What can you say about the coefficients c and d? Justify your answer.

  Find the largest possible volume of the box

If 1400 square centimeters of material is available to make a box with a square base and an open top, find the largest possible volume of the box.

  What is the probability that the person selected is a female

In a management trainee program, 80 percent of the trainees are female, 20 percent male. Ninety percent of the females attended college, 78 percent of the males attended college. A management trainee is selected at random. What is the probability tha..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd