MCV 4U — UNIT 2 TEST - DERIVATIVES 5

MCV 4U — UNIT 2 TEST - DERIVATIVES 5. The manager of a miniature golf course is planning to raise the ticket price per game. At the current price of $6.50, an average of 92 rounds is played each day. The manager's research suggests that for every $0.50 increase in price, an average of four fewer games will be played each day. a) Construct a function that could be used to calculate the revenue, R, in dollars, that the manager will make. [2] b) Evaluate R'(6). What information does this value give the manager? [3] c) How much should the manager charge per ticket to maximize his revenue. [2] M66