The ticket price that would maximize the total revenue would be $ 23.
Given that a football team charges $ 30 per ticket and averages 20,000 people per game, and each person spend an average of $ 8 on concessions, and for every drop of $ 1 in price, the attendance rises by 800 people, to determine what ticket price should the team charge to maximize total revenue, the following calculation must be performed:
- 20,000 x 30 + 20,000 x 8 = 760,000
- 24,000 x 25 + 24,000 x 8 = 792,000
- 28,000 x 20 + 28,000 x 8 = 784,000
- 26,000 x 22.5 + 26,000 x 8 = 793,000
- 27,200 x 21 + 27,200 x 8 = 788,000
- 26,400 x 22 + 26,400 x 8 = 792,000
- 25,600 x 23 + 25,600 x 8 = 793,600
- 24,800 x 24 + 24,600 x 8 = 792,000
Therefore, the ticket price that would maximize the total revenue would be $ 23.
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Answer:
Bro your so fing pretty
Step-by-step explanation:
Multiply it by 3.
43.00*3=129=priceNewSkateboard
Alright my friend so if she ran 1/4 a mile in just 3 minutes then her overall time will be 12 minutes because she still has 3 more to go so basically it'll be 3 x 4 = 12
Answer:
Step-by-step explanation:
Givens
C = 12 * pi
C = 2*pi * r
Solution
2*pi * r = 12*pi Divide both sides by 2pi
2*pi * r/ 2*pi = 12*pi/2pi
r = 6
Answer: the diameter = 2 * r
the diameter = 12
