At a movie theatre, all tickets are the same price. The ticket revenue is the money the theatre gets from customers when they buy tickets. The line graph shows the total ticket revenue when different amounts of tickets are sold.
What is the total ticket revenue when
How much does one ticket cost?
The theatre has
The theatre is planning an open air movie for which they will
charge the same price per ticket. If the open air space can hold
How can you tell from the graph that all tickets are the same price? Explain.
If
The cost for
Since we determined in (b) that one ticket costs
Alternatively, we can extend the graph to
The total ticket revenue will be at its maximum when all
Alternatively, we can use the graph to determine that when
The graph is a straight line, which means that as the number of tickets sold increases, the total ticket revenue increases at a constant rate. This means that each ticket must be the same price.