Mathematics, 30.06.2021 03:30 phil820
When the admission price for a baseball games was $4 per ticket, 40,000 tickets were sold. When the price was raised to $5, only 35,000 tickets were sold. Assume that the demand function is linear and that the variable and fixed costs for the ball park owners are $0.10 and $95,000 respectively.
A) Find the profit P as a function of x, the number of tickets sold P(x)=
B) Select the graph of P
C) find the marginal profits when 20,000 tickets were sold and when 40,000 tickets were sold. P'(20,000)= $ Per ticket P'(40,000)= $ Per ticket
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