A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $9 the average attendence has been 22000. When the price dropped to $7, the average attendence rose to 28000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $

Q: A soccer stadium holds 62,000 people. When the ticket price is $11 per ticket, the average attendace…

A: Solution) P = price , Q = average attendance  of the people When P = $11 , Q = 26000 P = $9 , Q =…

Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $9 the…

A: In the given question we have to the maximum revenue.

Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $10 the…

A: To find the ticket price that would maximize revenue

Q: A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $10 the…

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Q: A baseball team plays in a stadium that holds 68000 spectators. With the ticket price at $10 the…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $10 the…

A: According to given data, the price function passes through the points 10, 23000 & 9, 29000. Now…

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Q: A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $10 the…

A: Total spectator's in stadium=46000 When ticket price is $10, attendees are 19000 When ticket price…

Q: A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $11 the…

A: Total seats in a stadium =70000 When ticket price is $11 , spectators =28000 When ticket price is $9…

Q: A baseball team plays in a stadium that holds 56,000 spectators. With the ticket price at $12, the…

A:

Q: A baseball team plays in a stadium that holds 48000 spectators. With the ticket price at $10 the…

A: The stadium holds 48000 spectators. For the average attendance of 19000 the price of the ticket is…

Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the…

A:

Q: A soccer stadium holds 62,000 spectators. With a ticket price of $11, the average attendance has…

A:

Q: A baseball team plays in a stadium that holds 68000 spectators. With the ticket price at $8 the…

A:

Q: a. Briefly explain how the information provided suggests that a linear model may not be appropriate…

A: Regression analysis

Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $11 the…

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A: Let they increase the price by $x.  So the new price = $(20+x) New number of sales= (1000-100x) So…

Q: $6,

A: For maximum revenue tickets price $15

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

A: let 'x' be the ticket price that would maximize the revenue.

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $10 the…

A: Let the price of ticket be: $ p  Let the attendance be: q When price is $10 than attendance is 24000…

Q: A baseball team plays in a stadium that holds 64000 spectators. With the ticket price at $10 the…

A: In this question we have to find the ticket price that would maximize the revenue.

Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12, the…

A: Given a baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $12,…

Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the…

A: Solution is given below..

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Q: A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $8 the…

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Q: A baseball team plays in a stadium that holds 58,000 spectators. With the ticket price at $8 the…

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Q: baseball team plays in a stadium that holds 48000 spectators. With the ticket price at $8 the…

A: Topic:- revenue function

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A: Let x be the price of ticket and y be the number of spectators. Given that, when x = $19, y = 27000…

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $11 the…

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Q: When Megastore sells jumbo packages of toilet paper for $20 each, their sales are 5600 packages per…

A: Given that,   The piece (P) of toilet paper for each= $20   And total sales = 5600 packages per day.…

Q: A baseball team plays in a stadium that holds 64000 spectators. With the ticket price at $8 the…

A: In the question we have to find the price on which the revenue will be maximum.

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Q: A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $9 the…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the…

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Q: A baseball team plays in a stadium that holds 62000 spectators. With the icket price at $10 the…

A: Let us denote: x=price of the ticket y= number of spectators  So the coordinates are (10, 24000) and…

Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $12 the…

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Q: baseball team plays in a stadium that holds 66000 spectators. With the ticket price at $11 the…

A: Let x be the no.of attendence and y be the price per ticket. From given points we will form equation…

Q: A baseball team plays in a stadium that holds 70,00 spectators. With the ticket price at $9 the…

A: Let x be the ticket price and y be the attendance.It is given that attendance is linearly related to…

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Q: A baseball team plays in a stadium that holds 46000 spectators. With the ticket price at $11 the…

A: Given, Ticket price $11 the average attendance has been 19000. Ticket price $8 the average…

Q: A soccer stadium holds 62,000 spectators. With a ticket price of $11, the average attendance has…

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Q: A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $11 the…

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