In the Same Football Conference There Is Another University Where

question 10

Multiple Choice

In the same football conference there is another university where the demand for football tickets at each game is 80,000 - 4,000p.If the capacity of the stadium at that university is 50,000 seats, what is the revenue-maximizing price for this university to charge per ticket?

• A)$10
• B)$5
• C)$7.50
• D)$20
• E)$30

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Definitions:

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A positively charged ion formed when sodium loses one electron, playing crucial roles in nerve impulse transmission and fluid balance in the body.