asked 133k views
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A baseball team plays in a stadium that holds 74000 spectators. With the ticket price at $9 the average attendance has been 30000. When the price dropped to $8, the average attendance rose to 37000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue

asked
User Dialogik
by
7.8k points

1 Answer

8 votes

Answer:

solution

$9=30000

$8=37000

$?=74000

=$3

answered
User Perpil
by
7.6k points
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