A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the average attendance has been 19000. When the price dropped to $5, the average attendance rose to 25000. Find a demand function D(q), where q is the quantity/number of the spectators. (Assume D(q) is linear) D(q) =

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Q: Given the demand function D(p) = √325 - 2p, Find the Elasticity of Demand at a price of $17

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Q: Suppose the supply function for concrete is given (in dollars) byS(q) = 100 + 3q3/2 + q5/2,and that…

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A: topic - functions and derivatives

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Q: A baseball team plays in he stadium that holds 66000 spectators. With the ticket price at $12 the…

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Q: A baseball team plays in he stadium that holds 66000 spectators. With the ticket price at $10 the…

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Q: For the demand function d(x) and demand level x, find the consumers' surplus. d(x) = 250 − 0.06x2,…

A: For the demand function d(x) and demand level x, find the consumers' surplus. d(x) = 250 −…

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