A baseball team plays in a stadium that holds 50000 spectators

A baseball team plays in a stadium that holds 50000 spectators. With the ticket price at $8 the average attendence has been 19000. When the price dropped to $7, the average attendence rose to 25000. Assume that attendence is linearly related to ticket price. Hint: Get the linear equation that relates ticket price, x, to average attendance, y. You will have an equation in the form y = mx + b. Then, since Revenue = Price × Number of tickets sold, you multiply that equation by x to get y = mx 2 + bx What ticket price would maximize revenue?

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