James H.
asked • 12/04/21A baseball team plays in a stadium that holds 58000 spectators
A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the average attendence has been 23000. When the price dropped to $7, the average attendence rose to 29000. Assume that attendence is linearly related to ticket price.
What ticket price would maximize revenue?
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1 Expert Answer
Vaughn R. answered • 01/15/22
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Mark M.
What is your question?12/04/21