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A baseball team plays in a stadium that holds 74000 spectators. With the ticket price at $11 the average attendance has been 30000. When the
A baseball team plays in a stadium that holds 74000 spectators. With the ticket price at $11 the average attendance has been 30000. When the price dropped to $9, the average attendance rose to 37000. Assume that attendance is linearly related to ticket price.
What ticket price would maximize revenue? $
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