Question

a baseball team plays in a stadium that holds 57,000 spectators. with the ticket price at $10, the average attendance at recent games has been 21,000. a market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
a) find a function that models the revenue in terms of ticket price. ( let x be the ticket price and R(x) be the revenue.)
b) find the price that maximizes revenue from ticket sales.
c) what ticket price is so high that no revenue is generated?

Answer 1

a)r(x)=x*[(10-x)3000+2100]