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(Solved): A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $12 the ave ...



A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at

$12

the average attendance has been 22000 . When the price dropped to

$11

, the average attendance rose to 26000 . Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue?



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