Question

please I need help

My Institution Courses Library College Information Help & Support mapter 4; Applications of Differentiation Quiz 3 David Ibrahim Timelimit: 3 hours. 2:57:45 remaining. [x Show Intro/Instructions A baseball team plays in a stadium that holds 72000 spectators. With the ticket price at $11 the average attendence has been 30000. When the price dropped to $8, the average attendence rose to 36000. Assume that attendence is lincarly related to ticket price. What ticket price would maximize revenue? S Preview Lxense Points possible: 3 This is attempt 1 of 1. Submit MacBook Pro D B88B8 20 3 7 6 3 LO

Answer 1

Bunctoon det pia) and be the demand n s th mumber speceintors Insert P(36000) P(30000) 11 8 P36000) P 30000) lope m 8-11 -2 3 6o00 30000 6 000 2000 0.0000 Aeuning s linear the demand min-so0o0) P(30000) P (2) -0.000S(-30000) P(a-1 0.000 P(a)- 0.00052 + 26 Pl2) 0.0005+26) Renenue RE R(a -0 00052+26 O.0017L+26 R'(a 0.0005x 22 t 26A 7

be marimuum or minimum, R'a) 0 for R'(a) to 226000 O. OO1+ 26 R'A) R"(26000) 0 OO1 O.001O 11 26000, R(a) is manimum At 13 0.000Sx 26000 +26 uil marimize herenue $13