A baseball team plays in a stadium that holds 48000 spectators. With the ticket price at $8 the average attendance has been 20000. When the price dropped to $5, the average attendance rose to 24000. a) Find the demand function p(x), where x is the number of the spectators. (Assume that p(x) is linear.) p(x)= b) How should ticket prices be set to maximize revenue? The revenue is maximized by charging $ per ticket.
Answers: 2
Business, 21.06.2019 16:10
Weber company purchases $44,270 of raw materials on account, and it incurs $52,730 of factory labor costs. supporting records show that (a) the assembly department used $27,580 of raw materials and $33,320 of the factory labor, and (b) the finishing department used the remainder. manufacturing overhead is assigned to departments on the basis of 150% of labor costs.journalize the assignment of overhead to the assembly and finishing departments.account titles and explanation debit credit
Answers: 2
Business, 22.06.2019 09:30
Stock market crashes happen when the value of most of the stocks in the stock market increase at the same time. question 10 options: true false
Answers: 1
Business, 22.06.2019 10:40
You were able to purchase two tickets to an upcoming concert for $100 apiece when the concert was first announced three months ago. recently, you saw that stubhub was listing similar seats for $225 apiece. what does it cost you to attend the concert?
Answers: 1
A baseball team plays in a stadium that holds 48000 spectators. With the ticket price at $8 the aver...
Chemistry, 06.11.2020 17:50
Chemistry, 06.11.2020 17:50
Mathematics, 06.11.2020 17:50
Mathematics, 06.11.2020 17:50
History, 06.11.2020 17:50
Mathematics, 06.11.2020 17:50
History, 06.11.2020 17:50
History, 06.11.2020 17:50
History, 06.11.2020 17:50