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Author Question: A baseball team is trying to determine what price to charge for tickets. At a price of $10 per ... (Read 383 times)

dakota nelson

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A baseball team is trying to determine what price to charge for tickets.  At a price of $10 per ticket, it averages 40,000 people per game.  For every increase of $1, it loses 5,000 people.  Every person at the game spends an average of $5 on concessions.  What price per ticket should be charged in order to maximize revenue?
◦ $13.50
◦ $3.00
◦ $6.50
◦ $3.50


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Marked as best answer by dakota nelson on Jun 16, 2021

wergv

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dakota nelson

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Reply 2 on: Jun 16, 2021
YES! Correct, THANKS for helping me on my review


diana chang

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Reply 3 on: Yesterday
Excellent

 

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