A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $12 the average attendance has been 25000. When the price dropped to $9, the average attendance rose to 31000. Assume that attendance is linearly related to ticket price.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $12 the average
attendance has been 25000. When the price dropped to $9, the average attendance rose to 31000. Assume
that attendance is linearly related to ticket price.
What ticket price would maximize revenue? $
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Transcribed Image Text:A baseball team plays in a stadium that holds 62000 spectators. With the ticket price at $12 the average attendance has been 25000. When the price dropped to $9, the average attendance rose to 31000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $ Question Help: D Video M Message instructor D Post to forum Add Work Submit Question
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