Problem

A local school is hosting a barbeque. The price of an adult ticket is $x and the price of...

A local school is hosting a barbeque. The price of an adult ticket is $x and the price of a child’s ticket is $y. At these prices, the demand for adult tickets is D1 = 200 − 3x + 8y and the demand for children’s tickets is

D2 = 250 + 6x − 40y

a. Write the revenue function R(x,y)


b. Find Rx and Ry.


c. Evaluate RK and Ry if x = $10 and y = $4. Interpret your answers.

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