A university is trying to determine what price to charge for

Last updated: 7/6/2023

A university is trying to determine what price to charge for tickets to football games At a price of 24 per ticket attendance averages 40 000 people per game Every decrease of 52 adds 10 000 people to the average number Every person at the game spends an average of 5 00 on concessions What price per ticket should be charged in order to maximize revenue How many people will attend at that price What is the price per ticket What is the average attendance people