A baseball team plays in a stadium that holds 55,000 spectators. With ticket prices at $10, the
Question:
(a) Find the demand function, assuming that it is linear.
(b) How should ticket prices be set to maximize revenue?
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Related Book For
Managerial Economics
ISBN: 978-0133020267
7th edition
Authors: Paul Keat, Philip K Young, Steve Erfle
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