6 When a theater owner charges $5 for admission, there is an average attendance of 180 peopre. For every $0.10 price increase, there is a loss of 1 customers. What admission should be charged to maximize revenue and how many people will attend at that price?

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Theater
6
When a theater owner charges $5 for admission, there is an average attendance of 180
peopre. For every $0.10 price increase, there is a loss of 1 customers. What admission should be
charged to maximize revenue and how many people will attend at that price?
Transcribed Image Text:6 When a theater owner charges $5 for admission, there is an average attendance of 180 peopre. For every $0.10 price increase, there is a loss of 1 customers. What admission should be charged to maximize revenue and how many people will attend at that price?
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