10,000 30,000 a. Draw the demand and supply curves. What is unusual about this supply curve? Why...

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10,000 30,000

a. Draw the demand and supply curves. What is unusual about this supply curve? Why might this be true?

b. What are the equilibrium price and quantity of tickets?

c. Your team plans to increase total capacity in its stadium by 5,000 seats next season. What admission price should it charge?

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Economics

ISBN: 9781408093795

3rd Edition

Authors: Mark P. Taylor, N. Gregory Mankiw

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