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A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at...

A baseball team plays in a stadium that holds 54000 spectators. With the ticket price at $9 the average attendence has been 24000. When the price dropped to $7, the average attendence rose to 27000. Assume that attendence is linearly related to ticket price.


What ticket price would maximize revenue? $

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