document.write( "Question 1136931: A baseball team plays in a stadium that holds 68000 spectators. With the ticket price at $11 the average attendance has been 28000. When the price dropped to $9, the average attendance rose to 34000. Assume that attendance is linearly related to ticket price. \r
\n" ); document.write( "\n" ); document.write( "What ticket price would maximize revenue?
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Algebra.Com's Answer #754767 by josmiceli(19441)\"\" \"About 
You can put this solution on YOUR website!
Let \"+y+\" = attendance in thousands
\n" ); document.write( "Let \"+x+\" = ticket price in dollars
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\n" ); document.write( "You are given 2 points on a straight line:
\n" ); document.write( "( 11, 28 )
\n" ); document.write( "( 9, 34 )
\n" ); document.write( "Use point-slope formula
\n" ); document.write( "\"+%28+y+-+28+%29+%2F+%28+x+-+11+%29+=+%28+34+-+28+%29+%2F+%28+9+-+11+%29+\"
\n" ); document.write( "\"+%28+y+-+28+%29+%2F+%28+x+-+11+%29+=+6%2F%28-2%29+\"
\n" ); document.write( "\"++%28+y+-+28+%29+%2F+%28+x+-+11+%29+=+-3+\"
\n" ); document.write( "\"+y+-+28+=+-3%2A%28+x+-+11+%29+\"
\n" ); document.write( "\"+y+-+28+=+-3x+%2B+33+\"
\n" ); document.write( "\"+y+=+-3x+%2B+61+\"
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\n" ); document.write( "check:
\n" ); document.write( "( 11,28 )
\n" ); document.write( "\"+28+=+-3%2A11+%2B+61+\"
\n" ); document.write( "\"+28+=+-33+%2B+61+\"
\n" ); document.write( "\"+28+=+28+\"
\n" ); document.write( "OK
\n" ); document.write( "( 9,34 )
\n" ); document.write( "\"+34+=+-3%2A9+%2B+61+\"
\n" ); document.write( "\"+34+=+-27+%2B+61+\"
\n" ); document.write( "\"+34+=+34+\"
\n" ); document.write( "OK
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\n" ); document.write( "Revenue, \"R\" = [ ticket price ] x [ attendance ]
\n" ); document.write( "\"+R+=+x%2A%28+-3x+%2B+61+%29+\"
\n" ); document.write( "\"+R+=+-3x%5E2+%2B+61x+\"
\n" ); document.write( "\"+x%5Bmax%5D+=+-b%2F%282a%29+\"
\n" ); document.write( "\"+x%5Bmax%5D+=+-61%2F%28+2%2A%28-3%29%29+\"
\n" ); document.write( "\"+x%5Bmax%5D+=+61%2F6+%7D%7D%0D%0A%7B%7B%7B+x%5Bmax%5D+=+10.17+\"
\n" ); document.write( "------------------------------
\n" ); document.write( "\"+R%5Bmax%5D+=+%28+61%2F6+%29%2A%28+-3%2A%2861%2F6%29+%2B+61+%29+\"
\n" ); document.write( "\"+R%5Bmax%5D+=+10.1667%2A%28+-30.5+%2B+61+%29+\"
\n" ); document.write( "\"+R%5Bmax%5D+=+10.1667%2A30.5+\"
\n" ); document.write( "\"+R%5Bmax%5D+=+310.0843+\"
\n" ); document.write( "$310,084
\n" ); document.write( "If you need to, get a 2nd opinion also
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\n" ); document.write( "Here's the plots of \"+y+\" and \"+R+\"
\n" ); document.write( " \"+graph%28+400%2C+400%2C+-5%2C+30%2C+-10%2C+70%2C+-3x+%2B+61++%29+\"
\n" ); document.write( "\"+graph%28+400%2C+400%2C+-5%2C+30%2C+-40%2C+400%2C+-3x%5E2+%2B+61x+%29+\"\r
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