Anna B.

asked • 11/30/20

Modeling w/ Quadratic Functions

A baseball team plays in a stadium that holds 59,000 spectators. With the ticket price at $10, the average attendance at recent games has been 24,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.

a) Find a function that models the revenue in terms of ticket price. (Let x represent the price of a ticket and R represent the revenue.)

R(x) = ?

b) Find the price that maximizes revenue from ticket sales.

$ = ?

c) What ticket price is so high that no revenue is generated?

$ = ?

1 Expert Answer


Emma S. answered • 11/30/20

5 (9)

Stanford Undergraduate with Strengths in Chemistry and Math

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