Question:
A baseball team plays in a stadium that holds 55 000
Last updated: 3/3/2024
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A baseball team plays in a stadium that holds 55 000 spectators With the ticket price at 10 the average attendance at recent games has been 21 000 A market survey indicates that for every dollar the ticket price is lowered attendan increases by 3000 a Find a function that models the revenue in terms of ticket price Let x represent the price of a ticket and R represent the revenue R x b Find the price that maximizes revenue from ticket sales c What ticket price is so high that no revenue is generated