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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 257 times)

nramada

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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?
◦ $6.50
◦ $3.00
◦ $13.50
◦ $3.50


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Marked as best answer by nramada on Oct 21, 2019

jliusyl

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jliusyl

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