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An Alberta-based NHL team is struggling to fill its seats. When the average ticket price is$200$200, the team sells an average of70007000 tickets. However, when
An Alberta-based NHL team is struggling to fill its seats. When the average ticket price is$200$200, the team sells an average of70007000 tickets. However, when the average price is reduced to$130$130, the team sells an average of1190011900 tickets. The relation of sold tickets ()q(x) as a function of their average price x is assumed to be linear. Find the function ()q(x). What should the average ticket price be in order to maximize revenue? Round your answer to two decimal places. (Hint: Use the revenue function ()=()R(x)=xq(x))
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