1. Lets get ready for the Super Bowl! Suppose the game is played in Chicago at Soldier...
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1. Let’s get ready for the Super Bowl! Suppose the game is played in Chicago at Soldier Field, which has a capacity of 105,000 seats. Ticket prices are
$75. The game is sold out, which brings the scalper’s market to life. The willingness of ticket holders to sell their $75 tickets is shown in the Quantity Supplied column in the following table.
The willingness of people to buy those tickets is shown in the Quantity Demanded column. If you were one of those suppliers, how much could you get for your $75 ticket?
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