Business, 25.03.2021 19:10 vladisking888

A concert organizer learned from a market survey that when the admission price is\$30, there is an average attendance of 800 people. For every $1 drop in price, there is a gain of 20 customers. Each customer spends an average of $5 on concessions. The concert hall has 1,000 seats. Required:
The demand function, expressed by p , the price in dollars charged for each ticket, as a function of x , the number of average attendance, is p= D(x)= -20x +1400, where x is defined between and

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