A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $9 the average attendance has been 28000. When the price dropped to $7, the average attendance rose to 35000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
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Chapter10: Statistics
Section10.2: Representing Data
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Question 7
A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $9 the average
attendance has been 28000. When the price dropped to $7, the average attendance rose to 35000. Assume
that attendance is linearly related to ticket price.
What ticket price would maximize revenue? $
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Transcribed Image Text:Question 7 A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $9 the average attendance has been 28000. When the price dropped to $7, the average attendance rose to 35000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $ Question Help: Video Submit Question esc 1 MacBook Pro 54 #3 95 % 96 27 & Q W E R TY @ 72
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