A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $9 the average attendance per game has been 24000. When the price dropped to $8, the average attendance rose to 30000. Assume that attendance is linearly related to ticket price. Find a function that models the per game revenue in terms of the price p R(p) %3D What ticket price would maximize revenue? (round to the nearest cent)

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $9 the average
attendance per game has been 24000. When the price dropped to $8, the average attendance rose to
30000. Assume that attendance is linearly related to ticket price.
Find a function that models the per game revenue in terms of the price p
R(p) =
What ticket price would maximize revenue? (round to the nearest cent)
Transcribed Image Text:A baseball team plays in a stadium that holds 60000 spectators. With the ticket price at $9 the average attendance per game has been 24000. When the price dropped to $8, the average attendance rose to 30000. Assume that attendance is linearly related to ticket price. Find a function that models the per game revenue in terms of the price p R(p) = What ticket price would maximize revenue? (round to the nearest cent)
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