A baseball team plays in a stadium that holds 51,000 spectators. With the ticket price at $10, the average attendance at recent games has been 33,000. A market survey indicates that for every dollar the ticket price is lowered, attendance 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.)
(b) Find the price that maximizes revenue from ticket sales.
(c) What ticket price is so high that no revenue is generated?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A baseball team plays in a stadium that holds 51,000 spectators. With the ticket price at $10, the average attendance at recent games has ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Simplify 18ab/15bc multiply by 20cd/24de
Answers (1)
If f (x) = 2x+1 and g (x) = c^2-7, find (f•g) (x)
Answers (1)
A building with a height of 40 ft casts a shadow that is 16ft long. A person standing next to the building casts a shadow that is 2ft long. How tall is the person?
Answers (2)
Given: x - 7 > - 2. choose the solution set
Answers (1)
The owner of a small store buys coats for $55.00 each. Answer parts a and b. a. He sells the coats for $77.00 each. What percent of the purchase price is the sale price? The sale price is 140 % of the purchase price. b.
Answers (1)
New Questions in Mathematics
Whar is the value of x (x+1) + (2x-15)
Answers (1)
Expand then simplify 2 (x-5) + 2x
Answers (2)
A set of speakers costs $22 and songs cost $1.25 each. The sales tax rate is 7.5%. The expression 0.075 (22 + 1.25s) can be used to determine the amount of sales tax due on the entire purchase.
Answers (1)
The lengths of nails produced in a factory are normally distributed with a mean of 5.13 centimeters and a standard deviation of 0.04 centimeters. find the two lengths that separate the top 8% and the bottom 8%.
Answers (1)
A village lost 15% of its cows in a flood and 10% of the remainder died of diseases. If the number left now is 7650, what was the original number of cows before the flood
Answers (1)