Mathematics, 21.07.2020 07:01 legrandschool1oxa0sd
The hospital sells raffle tickets to raise funds for new medical equipment. Last year, 2000 tickets sold for $24 each. The fund-raising coordinator estimates that for every $1 decrease in price, 125 more tickets will be sold. a) What decrease in price will maximize the revenue? b) What is the price of a ticket that will maximize the revenue? c) What is the maximum revenue? PLEASE SHOW WORK, Thank you!
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The hospital sells raffle tickets to raise funds for new medical equipment. Last year, 2000 tickets...
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