The cost of a ticket to a hockey arena seating 8000 people is $18. At this price, every
ticket is sold. A survey indicates that for every $2 increase per ticket, attendance will
drop by 500 people.
a) What is the maximum revenue?
b) What ticket price would result in the greatest revenue?
c) How many tickets must be sold to maximize the revenue?
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Answer:
a) 8000 b) $18 c) 5 this is the answer of this question
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