Optimization (2.7) Score: 3/8 5/8 answered . Question 5 Go/1 pt O 100 0 Details A baseball team plays in a stadium that holds 66000 spectators. With the ticket price at 59 the average attendence has been 28000. When the price dropped to $8, the average attendence rose to 33000. Assume that attendence is linearly related to ticket price. What ticket price would maximize revenue? $ Submit Question Search A S 9 A 8:08 PM ENG ch 12/14/2022Optimization (2.7) VOCO : Score: 5.17/8 7/8 answered Question 4 C 0.5/1 pt O 94-98 0 Details Score on last try: 0.5 of 1 pts. See Details for more. > Next question You can retry this question below A baseball team plays in he stadium that holds 62000 spectators. With the ticket price at $12 the average attendence has been 24000. When the price dropped to $11, the average attendence rose to 31000. a) Find the demand function p(I), where I is the number of the spectators. (assume p(I) is linear) P(I) = b) How should be set a ticket price to maximize revenue? $ 7.715 Submit Question Search A 9:50 PM ENG 12/14/2022Score on last try: 0 of 1 pts. See Details for more. > Next question You can retry this question below A car wash reduced the price of a basic wash as a promotion and test of the market. With the price at $12 the average monthly sales has been 25000. When the price dropped to $9, the average monthly sales rose to 30000. Assume that monthly sales is linearly related to the price. What car wash price would maximize revenue? S Hint: What is the derivative of the demand function? Question Help: D Video Written Example Submit Question Search W A 8:07 PM ENG 12/14/2022Optimization (2.7) VO -. : Score: 5.17/8 7/8 answered Question 3 0.67/1 pt O 94-98 0 Details Score on last try: 0.67 of 1 pts. See Details for more. > Next question You can retry this question below A manufacture has been selling 1800 television sets a week at $480 each. A market survey indicates that for each $26 rebate offered to a buyer, the number of sets sold will increase by 260 per week. a) Find the demand function p(I), where I is the number of the television sets sold per week. -0.12 + 660 b) How large rebate should the company offer to a buyer, in order to maximize its revenue? $ 150 c) If the weekly cost function is 144000 + 160x, how should it set the size of the rebate to maximize its profit? S Question Help: DVideo Submit Question O Search 9 W 9:51 PM ENG 12/14/2022