A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12 the average attendence has been 19000. When the price dropped to $10, the average attendence rose to 25000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $

Q: A soccer stadium holds 62,000 people. When the ticket price is $11 per ticket, the average attendace…

A: Solution) P = price , Q = average attendance  of the people When P = $11 , Q = 26000 P = $9 , Q =…

Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $12 the…

A: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $12, the…

Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $9 the…

A: In the given question we have to the maximum revenue.

Q: A baseball team plays in a stadium that holds 68000 spectators. With the ticket price at $10 the…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $10 the…

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Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $8 the…

A: solution:-

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Q: A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $10 the…

A: Total spectator's in stadium=46000 When ticket price is $10, attendees are 19000 When ticket price…

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Q: A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $9 the…

A:

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $9 the…

A: Since attendance is linearly related to ticket price, we can assume the relation between them as y =…

Q: A baseball team plays in a stadium that holds 68000 spectators. With the ticket price at $8 the…

A:

Q: A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $11 the…

A:

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A: Let they increase the price by $x.  So the new price = $(20+x) New number of sales= (1000-100x) So…

Q: A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $8 the…

A: Total spectators= 60000 If price is $8, average attendance is 24000, so total revenue= 8 × 24000= $…

Q: A baseball team plays in a stadium that holds 72000 spectators. With the ticket price at $8 the…

A:

Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12, the…

A: Given a baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12,…

Q: A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $8 the…

A: revenue =price x quantity sold R(p)=p x Q(p) here Q(p)=mp+b  where m is slope of the line and b is…

Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the…

A: Solution is given below..

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Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $10 the…

A: Note : As you asked both questions to be solved so that i answered here both the questions.

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $12 the…

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Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $12 the…

A: The total number of spectators in the stadium is 54000. The average attendance at the cost of ticket…

Q: A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $10 the…

A:

Q: a stadium holds 6200spectators.with a ticket price of $19,average attendace has been 27000. when the…

A: Let x be the price of ticket and y be the number of spectators. Given that, when x = $19, y = 27000…

Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $9 the…

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Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $8 the…

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Q: When Megastore sells jumbo packages of toilet paper for $20 each, their sales are 5600 packages per…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 62000 spectators. With the icket price at $10 the…

A: Let us denote: x=price of the ticket y= number of spectators  So the coordinates are (10, 24000) and…

Q: A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $12 the…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $12 the…

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Q: baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12 the…

A: topic - linear functions and application of derivatives

Q: A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $10 the…

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