A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the average attendance has been 21000. When the price dropped to $6, the average attendance rose to 25000. Assume that attendance is linearly related to ticket price

Q: $6,

A: For maximum revenue tickets price $15

Q: Suppose consumers will demand 65 units of a product when the price is $16.80 per unit and 35 units…

A:

Q: A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $11 the…

A: Stadium holds a total of 52000 spectators. With ticket price at $11 the average attendance is 23000.…

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: In Indiana, the minimum wage a server earns hourly is $2.13. Let us consider that a server can make…

A:

Q: 4. A baseball team the ticket price 23000. When to to 28000. related to the rose What ticket w

A:

Q: The average price of a 0.5-carat round diamond is $3700 and the average price of a 0.75-carat…

A: Given query is to find the cost of 2.5 carat diamond.

Q: A farmer sells his corn for $220 a metric ton with a small surcharge of $15. His neighbour sells her…

A: for first farmer sells his corn for $220 a metric ton with a small surcharge of $15 C=220x+15

Q: A $27,000 car has a resale value of $19,000 five years after it was purchased. Assuming the value of…

A: Given:  A $27000 car has a resale value of $19000 five years after it was purchased. To Find:…