February 20, 2017

Homework Help: Calulus

Posted by shylo on Sunday, October 25, 2009 at 11:55am.

Hi there I need help on my calculus homework and this week, we were working on partial derivative. I don't know how to approach this word problem and set it into a maximum or minimum. Well I am not too sure if this problem is a minimum or maximum problem. Please help me and this is the homework problem below

A football stadium has a capacity of 50,000. The owners calculate that for an average game, if they charge $A for an adult ticket and $C for a child ticket, then N adults and M children will try to obtain tickets, where:
N = 80,000 - 2000A and
M = 30,000 - 1500C - 500A
Find the prices that the owners should charge in order to generate the maximum income from ticket sales for a game. (NOTE: It may not be necessary for the stadium to be full to maximum income.)

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