Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.
Sagot :
Question: A Football Team Charges $30 Per Ticket And Averages 20,000 People Per Game. Each Person Spends An Average Of $8 On Concessions. For Every Drop Of $1 In Price, The Attendance Rises By 800 People. What Ticket Price Should The Team Charge To Maximize Total Revenue? Calculate The TR Max.
This problem has been solved!
See the answer
A football team charges $30 per ticket and averages 20,000 people per game. Each person spends an average of $8 on concessions. For every drop of $1 in price, the attendance rises by 800 people. What ticket price should the team charge to maximize total revenue? Calculate the TR max.
$50
                                                                      Â
We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.