Question: Question 6 0/2 pts ) 4 99 0 Details A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at



Question 6 0/2 pts ) 4 99 0 Details A baseball team plays in a stadium that holds 52000 spectators. With the ticket price at $12 the average attendance has been 19000. When the price dropped to $9, the average attendance rose to 26000. Assume that attendance is linearly related to ticket price. What ticket price would maximize revenue? $Question 8 1/2 pts 0 4 98 0 Details Suppose a company's revenue function is given by R(q) = - q* + 360q- and its cost function is given by C(q) = 460 + 19q, where q is hundreds of units sold/produced, while R(q) and C(q) are in total dollars of revenue and cost, respectively. A) Find a simplified expression for the marginal profit function. (Be sure to use the proper variable in your answer.) MP(q) = B) How many items (in hundreds) need to be sold to maximize profits? Answer: hundred units must be sold. (Round to two decimal places.)4! Question 11 E1 or: pts E} 4 :1 99 CD Details Suppose a company's revenue function is given by RM} = v.13 + 29092 and its roost function is given by CM} = 13f] + 131;, where q is hundreds of units soldfproduced, while R[q} and C(13) are in total dollars of revenue and cost, respectively. A] Find a simplified experssion for the profit function wig} : :i E] Find a simplified expression for the grew profit function. {Be sure to use the proper variable in your answer.) m: = :1 C} How many items {in hundreds] need to be sold to maximize profits? [Round your answer to two decimal places.) Answer: :] hundred units must be sold
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