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Dimens Mritor of marks) if Associstion (NBA) leam or the Nureichiche to teams in either the National Basketball move to Sicremento, Garfomia for the t9g5-85
Dimens Mritor of marks) if Associstion (NBA) leam or the Nureichiche to teams in either the National Basketball move to Sicremento, Garfomia for the t9g5-85 seagen Lest) The NBA allowed the kings to (eventualy the fockis would rebcate to become the Nev io become the Rockies ula Koch is a bilonare investor who wants to best se fersey Devis) to both Nest and MHl teame, Koch has proposed to buld a new drena in Kansas City to be home "Power and light" PQUI Dwtrict the Ped Droposed a new arena be located in the downtown Simmer season koch believes a rew downtown has become an entertainment hub in the Karcas city io fuly find the andiopeted construction cost inctucing al finamoing costs publicy ropported by both legules. Koch has offered to sign d 25 year, who.ter leatse for the use of the byiding speifcaly, hor pubich reques for pubic finding of the arena The cSO has hived Moscuni Economic Consulting (MEO) to provide support on this work. Yo: are the lead caneutant for MECC on this work Use the above information to answer the folbing questions a) MECC has conducted a suney of kansas Gity residents on their demand for NBA and NHI games inits research MECC has also estimated the marginal cost will be $20 per fan for boch feams, The charts below allustrate MECS findings for both leagues. What is the total amount of consumer surplis (messured in s) that could be expected to be enjoyed by NBA. and Whl firc throughout the seasin? Show all your work Note: no written explanation of vour reselts is required heere (s - Hint tz star by calculting the consumer sumbus per gamersl in this question consumber surples per game and then the ampal total game for each feam, then the total - Hint \& b both the NEA and Nht have 82 regular to to consumer surplus. thah sis. thin this Dimens Mritor of marks) if Associstion (NBA) leam or the Nureichiche to teams in either the National Basketball move to Sicremento, Garfomia for the t9g5-85 seagen Lest) The NBA allowed the kings to (eventualy the fockis would rebcate to become the Nev io become the Rockies ula Koch is a bilonare investor who wants to best se fersey Devis) to both Nest and MHl teame, Koch has proposed to buld a new drena in Kansas City to be home "Power and light" PQUI Dwtrict the Ped Droposed a new arena be located in the downtown Simmer season koch believes a rew downtown has become an entertainment hub in the Karcas city io fuly find the andiopeted construction cost inctucing al finamoing costs publicy ropported by both legules. Koch has offered to sign d 25 year, who.ter leatse for the use of the byiding speifcaly, hor pubich reques for pubic finding of the arena The cSO has hived Moscuni Economic Consulting (MEO) to provide support on this work. Yo: are the lead caneutant for MECC on this work Use the above information to answer the folbing questions a) MECC has conducted a suney of kansas Gity residents on their demand for NBA and NHI games inits research MECC has also estimated the marginal cost will be $20 per fan for boch feams, The charts below allustrate MECS findings for both leagues. What is the total amount of consumer surplis (messured in s) that could be expected to be enjoyed by NBA. and Whl firc throughout the seasin? Show all your work Note: no written explanation of vour reselts is required heere (s - Hint tz star by calculting the consumer sumbus per gamersl in this question consumber surples per game and then the ampal total game for each feam, then the total - Hint \& b both the NEA and Nht have 82 regular to to consumer surplus. thah sis. thin this
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