Question
A baseball team plays in a stadium that holds 66000 spectators.With the ticket price at $ 9 the average attendance has been 28000. When the
A baseball team plays in a stadium that holds 66000 spectators.With the ticket price at $ 9 the average attendance has been 28000. When the price dropped to $ 6, the average attendance rose to 33000. Assume that attendance is linearly related to ticket price.What ticket price would maximize revenue?
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
