A university is trying to determine what price to charge for tickets to football games. At a price of $24 per ticket, attendance averages 40,000 people per game. Every decrease of $4 adds 10,000 people to game spends an average of $6.00 on concessions. What price per ticket should be charged in order to maximize revenue? How many people will attend at that price? What is the price per ticket? What is the average attendance? O people
A university is trying to determine what price to charge for tickets to football games. At a price of $24 per ticket, attendance averages 40,000 people per game. Every decrease of $4 adds 10,000 people to game spends an average of $6.00 on concessions. What price per ticket should be charged in order to maximize revenue? How many people will attend at that price? What is the price per ticket? What is the average attendance? O people
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter12: Algebra Of Matrices
Section12.CR: Review Problem Set
Problem 37CR
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