The average ticket price for a concert at the opera house was $35
The average attendance was4000.
When the ticket price was raised to $38, attendance declined to an average of 3700 persons per performance. What should the ticket price be to maximize revenue for the opera house? (Assume a linear demand curve.)
To maximize revenue, the price should be $_______ per ticket.
(Type an integer or decimal rounded to two decimal places as needed. Simplify your answer.)
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