Mathematics, 25.10.2021 08:40 garrettbates01
A mall has a theater that seats 570 people and charges between $6 and $11 per ticket. When tickets to a movie cost $11, the average attendance was 125 people. When ticket prices were lowered to $6, the average attendance was 528 people. Assuming the demand function is linear, how much should a ticket cost in order to maximize revenue?
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A mall has a theater that seats 570 people and charges between $6 and $11 per ticket. When tickets t...
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