The average ticket price for a concert at the opera house

Last updated: 2/15/2024

The average ticket price for a concert at the opera house was 30 The average attendance was 3500 When the ticket price was raised to 34 attendance declined to an average of 3100 persons per performance What should the ticket price be to maximize revenue for the opera house Assume a linear demand curve CELEB To maximize revenue the price should be per ticket Type an integer or decimal rounded to two decimal places as needed Simplify your answer