A concert is selling tickets. Their last concert sold 2500 tickets for $20 each. Market
research suggests that for every $1 increase in price, 70 fewer people would come. By
how much should they increase (or decrease) ticket prices?
(Note that Revenue = Ticket Price x Number of Tickets sold, and we want to maximize
revenue, which is money earned by sales
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Answer:
2500/20=125
Step-by-step explanation:
the ticket has 125
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