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For the equation , the approximate solutions are and .
Find the exact solutions by completing the square. Show your reasoning.
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Why Should I Care?
The Ensemble Theatre is exploiting two ancient practices in new and exciting ways. Those ancient practices are quadratic equations and live theatre. Running a live theatre company requires many things, and one of the most important is the old tool called the quadratic function.
The theatre can use quadratic functions to determine ticket price to maximize the profit. Ticket prices need to be set high enough to recoup the cost of expenses and generate revenue while still being a price point that attracts customers.
The vertex of the parabola that represents the Ensemble Theatre's ticket price can tell us at what ticket price they can sell the most tickets and maximize the revenue.