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Question 4 A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $11 the average attendance has been 23000.

Question 4 A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $11 the average attendance has been 23000. When the price dropped to $8, the average attendance rose to 26000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $

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