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 55,000 spectators.
With ticket prices at $10, the average attendance had
been 27,000. When ticket prices were lowered to $8 , the
average attendance rose to 33,000.
(a) Find the demand function, assuming that it is linear.
(b) How should ticket prices be set to maximize revenue?
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