Question
If a team has an (inverse) demand curve given by Q = 30,000 - 50P, then at a price of $100 per ticket, total revenue
If a team has an (inverse) demand curve given by Q = 30,000 - 50P, then at a price of $100 per ticket, total revenue is:
Suppose the team has a capacity constraint of 20,000 fans. What price should it set?
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International Economics
Authors: Thomas A. Pugel
15th edition
73523178, 978-0077769529, 007776952X, 978-0073523170
