A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $11 the average attendence has
Posted: Tue May 10, 2022 7:04 pm
A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $11 the average attendence has been 26000. When the price dropped to $9, the average attendence rose to 33000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $ tA