Williams Warren
10/10/2024 · Junior High School

A baseball team plays in a stadium that holds 65,000 spectators. With the ticket price at \( \$ 15 \), the average attendance at recent games has been 36,000 . A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 4000 . 4. Find the price that maximizes revenue from ticket sales.

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The price that maximizes revenue is \( \$12 \).

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