Find the demand function, Find the demand function(price as

Find the demand function

Assignment Help Mathematics

Reference no: EM13190367

A baseball team plays in a stadium that holds 57000 spectators. With the ticket price at $10, the average attendance at recent games has been 49,000. When ticket prices are lowered to $8, the average attendance rose to 51,000.

Find the demand function(price as a function of attendance), assuming it to be linear.

How should ticket prices be set to maximize revenue?

Reference no: EM13190367

Questions Cloud

Foreign policy changed between 1877 and end of world war : Discuss how American foreign policy changed between 1877 and the end of World War I, by identifying and explaining three factors that encouraged Americans to expand global relations, such as, but not limited to, labor relations, an expanding federal ..

Find a piecewise-defined function t : A certain country taxes the first $16,000 of an individual's income at a rate of 15%, and all income over $16,000 is taxed at 20%. Find a piecewise-defined function T that specifies the total tax on an income of x dollars.

Explain why is controversial legislation : congress enacted the health insurance portability and accountability act (HIPAA) to potentially help millions of employees gain access to group health insurance. the key provision of HIPAA requires insurance companies and health insurance plans ad..

What role did parties play in voting and elections : How did government participation change between 1877 and 1930. Who had the right to vote? Who had the ability to vote? What role did parties play in voting and elections? What role did machine politics play in the election process?

Find the demand function : Find the demand function(price as a function of attendance), assuming it to be linear.

Explain nucleus orient in two directions in a magnetic field : The 13C nucleus is a spin 1/2 particle, which means it can orient in two directions in a magnetic field (with the field and against it). The difference in energy between the two orientations is given by:

What is the range of incentive effectiveness : cost-plus-incentive-fee contract has a negotiated target cost of $50,000,000.00, a target fee of 10%, a minimum fee of 6% and a sharing ratio of 80/20. What is the range of incentive effectiveness (RIE)?

Reflection : Reflection is a way for you to consider your progress in Leadership & Management Development, within the course will be other opportunities to reflect on your learning. you submit a reflective journal entry.

Explain how many valence electrons : How many Valence electrons, bonding electrons, and lone pair electrons are present

User Account

All Pages