good day would you be abe to help me with this assignment ? 3. (Cannibalization) Suppose in the Stanford Stadium problem that 5% of the General Public would use false pretenses (counterfeit or borrowed student ID) to buy a student ticket. Stanford knows this. Assume the same response functions we used in class. (a) Optimal prices with 10% buy down or cannibalization (b) Total revenue vs the base case without cannibalization (c)What is the maximum amount the university would be willing to pay annually for a photo ID card scanner system if there are 10 home games every year?

The Stanford Stadium

Stanford Stadium has 60,000 seats. Tickets are sold to two segments: General public, and Students. The response functions for each are given by

General Public: dg (p g) = (120000 - 3000 p g )+

Student: ds (ps) = (20000 -1250ps)