When the admission price for a baseball game was $4 per ticket, 70,000 tickets were sold. when the price was raised to $5, only 63,000 tickets were sold. Assume that the demand function is linear and that the variable and fixed costs for the ball park owners are $0.10 and $85,000respectively.(a) Find the profit P as a function of x, the number of tickets sold.P(x) =(b) Select the graph of P.yy200 000-200 000200 000200 000-100000100000100000100 00020000 40 000 60 000 800020 000 40 000 60 000 8000020000 40 000o 60 000 80 00020000 40 000 60 000 80 000-100 000-100 000- 100 000100 000-200 000-200000- 200 000-200 000-(c) Find the marginal profits when 35,000 tickets were sold and when 70,000 tickets were sold.P(35,000) -P(70,000) =per ticketper ticket

Name: When the admission price for a baseball game was $4 per ticket, 70,00
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Description: When the admission price for a baseball game was $4 per ticket, 70,000 tickets were sold. when the price was raised to $5, only 63,000 tickets were sold. Assume that the demand function is linear and that the variable and fixed costs for the ball pa

x= number of tickets y=price two points are x1,y1=70000, 4 x2,y2=63000, 5 the slope of the line is…

Math

Calculus

When the admission price for a baseball game was $4 per ticket, 70,000 tickets were sold. When the price was raised to $5, only 63,000 tickets were sold. Assume that the demand function is linear and that the variable and fixed costs for the ball park owners are so.10 and $85,000 respectively. (a) Find the profit Pas a function of x, the number of tickets sold. P(x) = (b) Select the graph of P. 200 000 200000 200000 200 000 100 000 100 000 100 000 100000 20000 40 000 60 000 80000/ 20 000 40 000 60 000 80000 20000 40 000 60 000 80 000 20000 40 000 60 000 80000 -100 000 - 100 000 -100 000 -100000 -200 000 -200 000 - 200000 -200 000 (c) Find the marginal profits when 35,000 tickets were sold and when 70,000 tickets were sold. P(35,000) = per ticket per ticket P(70,000) -