IB Mathematics Applications and Interpretation Quiz
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CALCULUS
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The price
p
p
p
, in dollars, for a concert ticket is related to the quantity of tickets sold,
q
q
q
, by the demand function
p
(
q
)
=
400
−
0.2
q
p(q) = 400 - 0.2q
p
(
q
)
=
400
−
0.2
q
.
What is the maximum possible revenue from ticket sales?
A
$200
B
$1,000
C
$72,000
D
$200,000
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