| A hockey team plays in an arena that
has a seating capacity of 15,000
spectators. With the ticket price
seat at $14, average attendance
at recent games has been 9500.
A market survey indicates that
for each dollar the ticket price
is lowered ,the average attendance
increases by 1000.
(a) Find a function that models
the revenue in terms of ticket
price
(b) Find the price that maximizes
revenue from ticket sales
(c) What ticket price is so high
that no one attends and so no
is generated
|