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:
x = 11/7 or 1.57
Step-by-step explanation:
let the number be x
now :
=》the product of 7 and the number
=》6 less than the product
=》now, we know :
The square of the hypotenuse of a right-angled triangle is equal to the sum of the squares of the other two sides.
You can use Pythagoras' Theorem to calculate QR:
a^2 + b^2 = c^2
5^2 + 12^2 = QR^2
25 + 144 = QR^2
169 = QR^2
This means that the square root of 169cm is QR, which is 13cm.
SR is equal to QR, which means that SR is 13cm.
I am going to give a few answers:
497,543
504,690
501,991
496,900
