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nadya68 [22]
2 years ago
14

A baseball team plays in a stadium that holds 74000 spectators. With the ticket price at $9 the average attendance has been 3000

0. When the price dropped to $8, the average attendance rose to 37000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue
Mathematics
1 answer:
xxMikexx [17]2 years ago
6 0

Answer:

solution

$9=30000

$8=37000

$?=74000

=$3

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Answer:

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Step-by-step explanation:

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For the function

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The values of the coefficients for the function are the following: a = 1, b =7, c = -1

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(\frac{b}{2})^2=(\frac{7}{2})^2=\frac{49}{4}

Add and subtract \frac{49}{4}

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Write the expression of the form

f(x) = (x+\frac{b}{2})^2 +k

f(x) =(x +\frac{7}{2})^2 -\frac{53}{4}

The vertex is (-\frac{7}{2},-\frac{53}{4})

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