Question
A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $8 the average attendance has been 23000. When the
A baseball team plays in a stadium that holds 56000 spectators. With the ticket price at $8 the average attendance has been 23000. When the price dropped to $5, the average attendance rose to 28000. Assume that attendance is linearly related to ticket price.
What ticket price would maximize revenue? $
Note: Revenue = Price number of tickets sold.
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Finite Geometry And Combinatorics
Authors: F De Clerck ,J Hirschfeld
1st Edition
0521448506, 978-0521448505
