A baseball team plays in a stadium that holds 70,00 spectators. With the ticket price at $9 the average attendance has been 29,000. When the price dropped to $6, the average attendance rose to 35,000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue?

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

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A: To find the ticket price that would maximize revenue

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A: solution:-

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A: Since attendance is linearly related to ticket price, we can assume the relation between them as y =…

Q: A small company produces organic cookies. When the price is $9 per dozen, the average daily sales…

A: x = Daily sales in dozensc = cost of cookie per dozenGiven: Daily sales,x is linearly related to…

Q: A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $11 the…

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Q: A baseball team plays in a stadium that holds 52000 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 $12 the…

A: Here, the problem says that "attendance is linearly related to ticket price." That tells you that…

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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 58000 spectators. With the ticket price at $9 the…

A: Solution is given below..

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A: x=price y=number of spectators . two points are the slope of the line is given by

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A: Let x be the attendence and p(x) be the price of function. Then we will find the linear relation…

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Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $11 the…

A:

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

A: First we have make revenue function And then calculate it's derivative to find price for ticket to…

Q: A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $9 the…

A: NOTE: Refresh your page if you can't see any equations. . 26000 attendance  when the ticket price is…

Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $12 the…

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Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $8, the…

A:

Q: A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $9 the…

A:

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

A:

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

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Q: What was the book value

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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 soccer stadium at Modesto Junior College holds 200 spectators.  With a ticket price of $7, 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: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $8 the…

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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 50000 spectators. With the ticket price at $12 the…

A: topic - linear functions and application of derivatives

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A: Let px be the price when x tickets are sold. Now given that with the ticket price at $10 the average…

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

A: