A baseball team plays in a stadium that holds 58000 spectators. With the ticket pri at $9 the average attendence has been 25000. When the price dropped to $6, the average attendence rose to 29000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? S Submit Question

Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter8: Functions
Section8.CT: Test
Problem 19CT
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A baseball team plays in a stadium that holds 58000 spectators. With the ticket price
at $9 the average attendence has been 25000. When the price dropped to $6, the
average attendence rose to 29000. Assume that attendence is linearly related to
ticket price.
What ticket price would maximize revenue? S
Submit Question
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Transcribed Image Text:A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the average attendence has been 25000. When the price dropped to $6, the average attendence rose to 29000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? S Submit Question • Previous Next 立
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