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Yesterday a theater sold 1111 full-price tickets for $89\$89 each and 11 discount ticket for $39\$39. The theater manager estimates the theater brought in roughly $50\$50 more from full-price tickets than from discount tickets. Is that a good estimate?\newlineChoices:\newline(A)Yes.\newline(B)No, it is much too high.\newline(C)No, it is much too low.

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Full solution

Q. Yesterday a theater sold 1111 full-price tickets for $89\$89 each and 11 discount ticket for $39\$39. The theater manager estimates the theater brought in roughly $50\$50 more from full-price tickets than from discount tickets. Is that a good estimate?\newlineChoices:\newline(A)Yes.\newline(B)No, it is much too high.\newline(C)No, it is much too low.
  1. Calculate Total Revenue: Calculate the total revenue from full-price tickets: 1111 tickets at $89\$89 each.
  2. Calculate Discount Revenue: Calculate the total revenue from the discount ticket: 11 ticket at $39\$39.
  3. Calculate Revenue Difference: Calculate the difference between the revenue from full-price tickets and the revenue from the discount ticket.
  4. Compare with Estimate: Compare the calculated difference with the manager's estimate of \$\(50\).

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