A baseball team plays in a stadium that holds 70000 spectators. With the ticket price at $10 the average attendance has been 28000. When the price dropped to $9, the average attendance rose to 35000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $ Submit Question

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

A:

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

A: In this problem in order to determine the maximize revenue by using given data. To find maximize…

Q: A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $11 the…

A: Given, When ticket price is 11 $ , no. of spectators = 20000 When ticket price is 10 $ , no. of…

Q: The manager of a large apartment complex knows from experience that 120 units will be occupied if…

A: NOTE: Refresh your page if you can't see any equations. . x=number of units rented y=price from the…

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 $8 the…

A:

Q: A clothing business finds there is a linear relationship between the number of shirts, n, it can…

A: A clothing business finds there is a linear relationship between the number of…

Q: A cereal company finds that the number of people who will buy one of its products in the first month…

A: Given: (100000,40000)  and  (200000,60000)

Q: Public school​ per-student expenditures increased approximately linearly from $0.8 thousand in 1970…

A:

Q: one day. Assuming the relationship between the price and the number sold is linear, wha

A: Application of linear eq:  she sold her debut novel, as an e-book, at a price of $3.99, she sold 19…

Q: public school per-student expenditures increased approximately linearly from $2.1 thousands in 1980…

A: From the question, we get two coordinates (1980, 2.1) and (2013, 10.8) Using them we make an…

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…

Q: During the 1950s the wholesale price for chicken for a country fell from 25¢ per pound to 14¢ per…

A:

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

A: Maximization problem

Q: A clothing business finds there is a linear relationship between the number of shirts,n,it can sell…

A: Proceed as shown

Q: A mobile phone provider charges $3.75 plus $0.15 per minute for overseas calls. (a) write a linear…

A:

Q: To rent office space at Building A, you must pay a one-time fee of $1000 and pay rent of $800 per…

A:

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

A: NOTE: Refresh your page if you can't see any equations. . let x= price of the ticket y=number o…

Q: A mobile phone provider charges $3.75 plus $0.15 per minute for overseas calls. Write a linear model…

A: Cost of overseas calls = $ 3.75  +  $0.15 per minute We need to write a linear model that shows cost…

Q: A coffee shop sold 500 lattes a day at a price of $3.50. they raise the price by 25 and sold 60…

A: Given the data :

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

A: Here I am attaching image so that you understand each and every step.

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

A:

Q: In 2005 the Las Vegas monorail charged $3per ride and had an average ridership of about 28,000 per…

A: Given that in 2005, charge per ride is $3 and average ridership of about 28,000 per day in 2005.In…

Q: International Calling A cell phone company offers aninternational plan by charging $30 for the first…

A: Given that, A cell phone company offers an international plan by charging $30 for the first 80…

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

A: Topic:- revenue function

Q: An electronics vendor sells notebook computers. The company stocks 100 computers at the beginning of…

A: topic - linear equations

Q: A cell phone company offers aninternational plan by charging $30 for the first 80 minutes, plus$0.50…

A: Given:  A cell phone company offers an international plan by charging $30 for the first 80 minutes,…

Q: The cost of an LCD TV dropped from $850 in 2012 to $625 in 2014. Find the unit rate at which the…

A: To solve the following problem using linear model

Q: Public school​ per-student expenditures increased approximately linearly from ​$0.8 thousand in 1970…

A: Just make points and form a equation of line.

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

A:

Q: The data below represents how much people use their air conditioner and what their electricity bill…

A: The independent variable is bill amount. The dependent variable is Air conditioner use. We have to…

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

A:

Q: A soccer stadium at Modesto Junior College holds 200 spectators.  With a ticket price of $7, the…

A: Let x be the price of ticket and y be the number of spectators. Attendance is linearly related to…

Q: public school per-student expenditures increased approximately linearly from $0.8 thousand in 1970…

A: Per-student expenditure in 1970 = $0.8 Per-student expenditure in 2010 = $10.6 Let per student…

Q: By your cell phone contract, you pay a monthly fee plus some money for each minute you use the phone…

A: In this problem we have to calculate the billing equation based on fixed monthly fee and a fixed…

Q: According to the American Time Use Survey in 2005, 17.5% of Americans aged 15 and older participated…

A: Part (a) Let the model be a linear function of time t in the form of: A(t) = B + Ct where A(t) =…

Q: A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $12 the…

A: Let us assume x=ticket price y=audience , y≤ 56000 So the given coordinates are (12, 23000) and (9,…

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: baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $10 the…

A:

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

A:

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

A:

Q: Total DVD and Blu-ray disc sales in 2009 were $8.72 billion. For the purposes of this problem, you…

A: Given: Data of DVD's Year sales 2009 $ 8.72 billion 2014 $4.7 billion Data of streaming…

Q: A gaming system purchased for $2,750 is to be depreciated linearly over 4 years and has a scrap…

A:

Q: The manager of a large apartment complex knows from experience that 100 units will be occupied if…

A: We have to find the  price demand equation , revenue function and maximum monthly revenue.…

Q: Does the following table represent a linear function? If so, find the linear equation that models…

A:

Q: A real estate agent has developed a linear model for the price of a house, P, in dollars in terms of…

A: The price of the house of the area Ais given by P = 88000+62.5A                       ........(1) To…

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 baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $12 the…

A:

Q: Public school per student expenditures increased approximately linearly from $1.3 thousand in 1975…

A: Given that ,        Public school per student expenditures increased approximately linearly from $…