This topic contains a solution. Click here to go to the answer

Author Question: A baseball team is trying to determine what price to charge for tickets. At a price of $10 per ... (Read 380 times)

nramada

  • Hero Member
  • *****
  • Posts: 580
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by nramada on Oct 21, 2019

jliusyl

  • Sr. Member
  • ****
  • Posts: 328
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 25% of students answer this correctly




jliusyl

  • Sr. Member
  • ****
  • Posts: 328

 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

For a complete list of videos, visit our video library