A baseball team plays in a stadium that holds 51,000 spectators. With ticket prices at $10, the average attendance had been 38,000. When ticket prices were lowered to $8, the average attendance rose to 42,000. Find the demand function (price p as a function of attendance x), assuming it to be linear??
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I just need to find the equation. i keep getting this and its wrong : p = -1000 x+ 59,000
With ticket prices at $10, the average attendance had been 38,000
x = 38000
p = 10
giving you one point (38000, 10)
When ticket prices were lowered to $8, the average attendance rose to 42,000
x = 42000
p = 8
so another point is (42000, 8)