Question:

A baseball team plays in a stadium that holds 52000

Last updated: 7/30/2022

A baseball team plays in a stadium that holds 52000

A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $10 the average attendance has been 22000. When the price dropped to $7, the average attendance rose to 26000. Assume that attendance is nearly related to ticket price. What ticket price would maximize reve?