Please help
A baseball team plays in he stadium that holds 62000 spectators. With the ticket price at 8 dollars, the average attendence has been 28000. When the price dropped to 6 dollars, the average attendence rose to 31000.
a) Find the demand function p(x), where x is the number of the spectators. (assume that p(x) is linear)
b. what should the ticket price be so that the revenue is maximized?

Question

Please help
 A baseball team plays in he stadium that holds 62000 spectators. With the ticket price at 8 dollars, the average attendence has been 28000. When the price dropped to 6 dollars, the average attendence rose to 31000.
a) Find the demand function p(x), where x is the number of the spectators. (assume that p(x) is linear)
b. what should the ticket price be so that the revenue is maximized?

anonymous · Answer

@lizz123

anonymous · Answer

i found the demand function
a. =-1/1500x+80/3

solomonzelman · Answer

how is this the demand function? (not saying it is wrong, but I am curious, how you came up with this)

anonymous · Answer

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