An amusement park prices tickets at \$55 and sells an average of 60 tickets daily. The management finds that the ticket sales can be modeled by the polynomial function:

[tex]\[ P(x) = -40x^3 - 100x + 27,500 \][/tex]

Use the given information to complete the sentences.

1. The constant term of the polynomial expression represents the _______________.
2. The binomial [tex]\((600 - 20r)\)[/tex] is a factor of the polynomial and the price of a ticket.
3. The change in the price of a ticket affects the _______________.
4. Daily earnings of the amusement park before any increases are _______________.
5. Daily earnings of the amusement park after one 12% increase are _______________.
6. The number of tickets sold after 4 price increases is _______________.



Answer :

Let’s break the problem down using the given information and the provided answer.

1. Understanding the Polynomial Expression:
The polynomial given is:
[tex]\[ P(x) = -40x^3 - 100x + 27,500 \][/tex]
The constant term in this polynomial represents a key value. The constant term of the polynomial is 27,500.

2. Identifying the Binomial Factor:
The binomial given is [tex]\(600 - 20r\)[/tex]. This binomial is treated as a factor of the polynomial related to ticket pricing and revenue generation.

3. Initial Daily Earnings Calculation:
The initial price per ticket is \[tex]$55, and the average number of tickets sold daily is 60. The initial daily earnings are therefore calculated by multiplying these two values: \[ 55 \, \text{(dollars per ticket)} \times 60 \, \text{(tickets per day)} = 3300 \, \text{(dollars per day)} \] 4. Daily Earnings After One Increment: After one increment (or increase) in ticket price, the new price per ticket is given to be after 12 increments. Initially, each increment appears to be \$[/tex]1 more (as increments are typically small increases).
The new price calculation after 12 increments:
[tex]\[ 55 + 12 = 67 \, \text{(dollars per ticket)} \][/tex]
With the same number of tickets sold (60 tickets), the new daily earnings are:
[tex]\[ 67 \, \text{(dollars per ticket)} \times 60 \, \text{(tickets per day)} = 4020 \, \text{(dollars per day)} \][/tex]

Given these observations, now we fill in the sentences based on the provided context:

- The constant of the polynomial expression represents the value 27,500.
- The binomial [tex]\(600-20r\)[/tex] is a factor related to the polynomial and price of a ticket.
- Initial daily earnings of the amusement park before any increases are [tex]$3,300. - Daily earnings of the amusement park after one 12 increment increase is $[/tex]4,020.

Note: The question regarding the number of tickets sold after four increments can’t be conclusively determined without further specific information, so it is left unanswered here.

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