An earthquake damages Stanford Stadium so that only 53,000 seats are available for the Big Game. What
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An earthquake damages Stanford Stadium so that only 53,000 seats are available for the Big Game. What is the optimal single price and the total revenue? What are the optimal separate prices to charge for students and the general public, and the corresponding total revenue? What is the opportunity cost per seat for the 7,000 unavailable seats in both cases?
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Zablon Gicharu
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