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Elden [556K]
3 years ago
10

the owners of a minor league hockey team have found that when they charge $12 for a lower-level seats they average 800 fans per

game. for every $1 increase in ticket price, the attendance decreases by an average of 50 people. Find the ticket price that will maximize revenue for the team's owners.
Mathematics
1 answer:
weqwewe [10]3 years ago
7 0
I think that $11 is correct. but am not entirely sure

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AlekseyPX
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The trick to this question is realizing what you took 1/3 of. Did you take it of the 150000 or is it 1/3 of some total you have to find. I don't think you could come up with a third choice. 

It turns out that the answer is 1/3 of a number you don't know.

Equation
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3 years ago
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