Mathematics, 22.07.2019 23:10 a34935
Abaseball team plays in a stadium that holds 58,000 spectators. with ticket prices at $12, the average attendance had been 23,000. when ticket prices were lowered to $10, the average attendance rose to 29,000.
(a) find the demand function (price p as a function of attendance x), assuming it to be linear.
(b) how should ticket prices be set to maximize revenue? (round your answer to the nearest cent.)
Answers: 2
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Abaseball team plays in a stadium that holds 58,000 spectators. with ticket prices at $12, the avera...
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