A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the average attendence has been 22000. When the price dropped to $7, the average attendence rose to 25000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? Submit Question

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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Question 39
A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the
average attendence has been 22000. When the price dropped to $7, the average attendence rose to
25000. Assume that attendence is linearly related to ticket price.
What ticket price would maximize revenue?
Submit Question
Transcribed Image Text:く Question 39 A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the average attendence has been 22000. When the price dropped to $7, the average attendence rose to 25000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? Submit Question
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