c. Suppose Bruce Springsteens objective in choosing whether to auction the tickets or to set a price

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c. Suppose Bruce Springsteen’s objective in choosing whether to auction the tickets or to set a price of $100 is to maximize the market consumer surplus. Which does he choose: an auction or a $100 ticket price? M

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Microeconomics With Calculus

ISBN: 9780273789987

3rd Global Edition

Authors: Jeffrey M. Perloff

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