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Consider a baseball team that has a ticket price of $45 and sells 30,000 tickets at this price. The slope of the demand curve
Consider a baseball team that has a ticket price of $45 and sells 30,000 tickets at this price. The slope of the demand curve is -$0.002. The typical fan purchases $25 worth of merchandise that costs the owner $5 to provide. a. The marginal revenue from ticket sales is b. Including both ticket sales and merchandise, the marginal fan contributes an additional to the team's total revenue.
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Fundamentals of corporate finance
Authors: Robert Parrino, David S. Kidwell, Thomas W. Bates
2nd Edition
978-0470933268, 470933267, 470876441, 978-0470876442
