(1 pt) A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $10 the average attendan

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

(1 pt) A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $10 the average attendan

Post by answerhappygod »

1 Pt A Baseball Team Plays In A Stadium That Holds 52000 Spectators With The Ticket Price At 10 The Average Attendan 1
1 Pt A Baseball Team Plays In A Stadium That Holds 52000 Spectators With The Ticket Price At 10 The Average Attendan 1 (56.96 KiB) Viewed 81 times
(1 pt) A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $10 the average attendance has been 22000. When the price dropped to $7, the average attendance rose to 26000. a) Find the demand function p(x), where x is the number of the spectators. (Assume p(x) is linear.) p(x) = b) How should ticket prices be set to maximize revenue? = Price = $ TT
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”