A university is trying to determine what price to charge for tickets to football games. At a price of $30 per ticket, attendance averages 40,000people per game. Every decrease of $2adds 10,000 people to the average number. Every person at the game spends an average of $4.00 on concessions.
a. What price per ticket should be charged in order to maximize revenue?
b. How many people will attend at that price?
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