Find ticket price that would maximize revenue, Mathematics

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Find ticket price that would maximize revenue

Soccer stadium holds 62,000 spectators. With the ticket price of $11, average attendance has been 26,000. When price reduced to $9, average attendance rose to 31,000. Suppose that attendance is linearly connected to ticket price, find ticket price that would maximize revenue?

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Mathematics: Find ticket price that would maximize revenue

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: Find ticket price that would maximize revenue

Reference No:- TGS0849437

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : Calculate the asymptote and intercept

Q : Determine number of heart beats per minute

Q : State volume of box in cubic inches as function of length

Q : Determine amount invested at every rate

Q : Find ticket price that would maximize revenue

Q : Determine horizontal shift of function

Q : What to expect price of such car be in given year

Q : Determine values of x and h which minimize surface area

Q : Explain the growing population using differential equation

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: Find ticket price that would maximize revenue

Reference No:- TGS0849437

Recent Questions Asked Mathematics

Q : Calculate the asymptote and intercept

Q : Determine number of heart beats per minute

Q : State volume of box in cubic inches as function of length

Q : Determine amount invested at every rate

Q : Find ticket price that would maximize revenue

Q : Determine horizontal shift of function

Q : What to expect price of such car be in given year

Q : Determine values of x and h which minimize surface area

Q : Explain the growing population using differential equation

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