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A baseball team plays in a stadium that holds 44000 spectators. With the ticket price at $11 the average attendance has been 19000. When the
A baseball team plays in a stadium that holds 44000 spectators. With the ticket price at $11 the average attendance has been 19000. When the price dropped to $3, the average attendance rose to 22000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? 5
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