The average price for a movie ticket can be represented by .
Where is the number of years since
.
a.
\Find the average price of a ticket in and
.
Case(i): .
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Case(ii): .
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Case(iii): .
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Therefore, the average price for a movie tickets are ,
and
.
b. \ \
Another equation that can be used to represent ticket prices is .
Find the price of a ticket in and
.
Case(i):.
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Case(ii):.
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Case(iii):.
(Formula for average price for a movie ticket)
(Substitute
)
(Evaluate powers)
(Simplify)
(Add:
)
Therefore, the average price for a movie tickets are ,
and
.
Hence, the average price is higher when compared to average prices in part (a).
\The average prices found in part (a) become increasingly higher with time.
\
a. The average price for a movie tickets are ,
and
.
b. The average price for a movie tickets are ,
and
.