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 108 times)

dakota nelson

  • Hero Member
  • *****
  • Posts: 604
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


Related Topics

Need homework help now?

Ask unlimited questions for free

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

wergv

  • Sr. Member
  • ****
  • Posts: 365
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




dakota nelson

  • Member
  • Posts: 604
Reply 2 on: Jun 16, 2021
:D TYSM


shailee

  • Member
  • Posts: 392
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Children of people with alcoholism are more inclined to drink alcohol or use hard drugs. In fact, they are 400 times more likely to use hard drugs than those who do not have a family history of alcohol addiction.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

For a complete list of videos, visit our video library