If w seats are allocated to wolverton supporters each can


1. Suppose a stadium can hold 30,000 people for a soccer match. If w seats are allocated to wolverton supporters, each can be sold for 20- (w/2000) and if m seats are allocated to manteca supporters, each can be sold for 24 - (m/3000). What division of seats maximizes gate receipts?

2. Suppose the stadium held 60,000 instead of 30,000 seats. What division of seats maximizes gate receipts for this larger stadium?

Solution Preview :

Prepared by a verified Expert
Business Economics: If w seats are allocated to wolverton supporters each can
Reference No:- TGS02644210

Now Priced at $20 (50% Discount)

Recommended (98%)

Rated (4.3/5)