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 : 9
Step-by-step explanation:
The answer is 9 because a constant is a number on its own, or sometimes a letter such as a, b or c to stand for a fixed number.
T = 5.34 + 0.78m
T = 5.34 + 0.78 * 5
T = 5.34 + 3.9
T = 9.24
Tina was charged $9.24 at the car wash for 5 minutes.
Two inequalities are equivalent if they have the same set of solutions.
x - 5 ≤ 6 - 5
x - 5 ≤ 1 |add 5 to both sides
x ≤ 6
Step-by-step explanation:the answer is c i promise
