Duration 4:38

Find The Price To Maximize Revenue (sorry about that annoying chrome message)

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Published 15 Jan 2022

View full question and answer details: https://www.wyzant.com/resources/answers/877348/a-baseball-team-plays-in-a-stadium-that-holds-58000-spectators?utm_source=youtube&utm_medium=organic&utm_campaign=aae_video Question: A baseball team plays in a stadium that holds 58000 spectators A baseball team plays in a stadium that holds 58000 spectators. With the ticket price at $9 the average attendence has been 23000. When the price dropped to $7, the average attendence rose to 29000. Assume that attendence is linearly related to ticket price.What ticket price would maximize revenue? ------------------------ Answered By: Vaughn R. Mathematics BA With 3+ Years Of Tutoring Experience With All Ages! More information: https://www.wyzant.com/Tutors/OK/Oklahoma_City/9811639/?utm_source=youtube&utm_medium=organic&utm_campaign=aae_video ------------------------ See full answer: https://www.wyzant.com/resources/answers/877348/a-baseball-team-plays-in-a-stadium-that-holds-58000-spectators#answer-?utm_source=youtube&utm_medium=organic&utm_campaign=aae_video ------------------------ About: Wyzant Ask an Expert offers free answers to your toughest academic and professional questions from over 65,000 verified experts. It’s trusted by millions of students each month with the majority of questions receiving an answer within 1 hour of being asked. If you ever need more than just an answer, Wyzant also offers personalized 1-on-1 sessions with experts that will work with you to help you understand whatever you’re trying to learn. Ask your own question for free: https://www.wyzant.com/resources/answers/ask?utm_source=youtube&utm_medium=organic&utm_campaign=aae_video Find a tutor for a 1-on-1 session: https://www.wyzant.com ?utm_source=youtube&utm_medium=organic&utm_campaign=aae_video Subscribe to Wyzant on YouTube: /user/wyzant

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