Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $10 the average
attendence has been 24000. When the price dropped to $7, the average attendence rose to 31000. Assume
that attendence is linearly related to ticket price.
What ticket price would maximize revenue? $
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Transcribed Image Text:A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $10 the average attendence has been 24000. When the price dropped to $7, the average attendence rose to 31000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $
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