A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $10 the average attendance has been 19000. When the price dropped to $9, the average attendance rose to 23000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue?
A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $10 the average attendance has been 19000. When the price dropped to $9, the average attendance rose to 23000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue?
ChapterP: Prerequisites
SectionP.6: The Rectangular Coordinate System And Graphs
Problem 37E: An airplane flies from Naples, Italy, in a straight line to Rome, Italy, which is 120 kilometers...
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A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $10 the average attendance has been 19000. When the price dropped to $9, the average attendance rose to 23000. Assume that attendance is linearly related to ticket price.
What ticket price would maximize revenue?
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