The Thunderbirds professional indoor soccer team has 900 season ticket holders. The management of the team wants to increase the current price of $400. A survey indicated that for every $20 increase in price, the team will lose 15 season ticket holders. What is the maximum revenue the team could receive and at what price would this occur?

Elementary Geometry For College Students, 7e
7th Edition
ISBN:9781337614085
Author:Alexander, Daniel C.; Koeberlein, Geralyn M.
Publisher:Alexander, Daniel C.; Koeberlein, Geralyn M.
ChapterP: Preliminary Concepts
SectionP.CT: Test
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The Thunderbirds professional indoor soccer team has 900 season ticket holders. The
management of the team wants to increase the current price of $400. A survey
indicated that for every $20 increase in price, the team will lose 15 season ticket
holders. What is the maximum revenue the team could receive and at what price would
this occur?
Transcribed Image Text:The Thunderbirds professional indoor soccer team has 900 season ticket holders. The management of the team wants to increase the current price of $400. A survey indicated that for every $20 increase in price, the team will lose 15 season ticket holders. What is the maximum revenue the team could receive and at what price would this occur?
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