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A baseball team plays in a stadium that hold 25, 000 spectators. With ticket prices at $50, the average attendance had been 12, 000.
A baseball team plays in a stadium that hold 25, 000 spectators. With ticket prices at $50, the average attendance had been 12, 000. A market survey showed that for each $1 decrease in the ticket prices, on the average, the attendance will increase by 300.
a. Find an expression for revenue