The average admission prices for movie theaters from 2001 through 2008 can be
Chapter 1, Problem 123(choose chapter or problem)
The average admission prices for movie theaters from 2001 through 2008 can be approximated by the model where represents the year, with corresponding to 2001. (Source: Motion Picture Association of America, Inc.) (a) Use the model to complete the table to determine when the average admission price reached or surpassed $6.50. (b) Verify your result from part (a) algebraically. (c) Use the model to predict the average admission price for movie theaters in 2014. Is this prediction reasonable? How does this value compare with the admission price where you live?
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