A university is trying to determine what price to charge for

Last updated: 10/25/2023

A university is trying to determine what price to charge for tickets to football games At a price of 16 per ticket attendance averages 40 000 people per game Every decrease of 2 adds 10 000 peopl the average number Every person at the game spends an average of 4 00 on concessions What price per ticket should be charged in order to maximize revenue How many people will attend at that price