Sorry this got to you super late. At least others looking for the answer can find it.
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:
So I'm not entirely sure about this one, but I believe he gained 0.21 pounds each day for 30 days
Step-by-step explanation:
Since Cam was born weighing 8.6 pounds and after 30 days weighed 14.9, subtract 14.9-8.6 to find how much he gained.
14.9 - 8.6 = 6.3
Now that we know how much he gained, we have to find out how much he gained per day for 30 days. To do this, divide 6.3 by 30
6.3 / 30 = 0.21
To make sure this answer is correct, multiply 0.21 by 30 and add that to 8.6. It should equal 14.9.
I hope this helps!
