1.2. Consider the following eating arrangement for a concert hall: I Front row: Rows B-H Stage The...

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1.2. Consider the following eating arrangement for a concert hall:

I Front row:

Rows B-H Stage The front row only eats two people. Rows B- H, about 50 feet back from the front row, seat 20 people per row.

a. Would these front-row seats sell for more or for less than the front-row seats at a typical concert hall? Why?

b. Why don't we see concert hall set up like this?

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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