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Find the demand function

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Reference no: EM132059738

A baseball team plays in a stadium that holds 56,000 spectators. With ticket prices at $10, the average attendance had been 27,000. When ticket prices were lowered to $8, the average attendance rose to 33,000

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

(b) How should ticket prices be set to maximize revenue? (Round your answer to the nearest cent?$?

Reference no: EM132059738

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