Question:

A new movie theater holds 300 people. They found that when

Last updated: 7/11/2022

A new movie theater holds 300 people. They found that when

A new movie theater holds 300 people. They found that when the price was $8 per ticket, the average sales would be 250 people per show. Each time they increase the price by $1, the average attendance drops by 15 people. What price should they charge in order to maximize revenue?