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Please work these for examples do not understand Part II. Applied Economic Analysis On Thursday, September 30, the Los Angeles Angels and the Texas Rangers

Please work these for examples do not understand

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Part II. Applied Economic Analysis On Thursday, September 30", the Los Angeles Angels and the Texas Rangers played baseball at Globe Life Field, Rangers Ballpark in Arlington, Texas. Both teams were in pursuit of league championships. Tickets to the game were sold out, and many more fans would have attended if additional tickets had been available. On that same day, suppose the Kansas City Royals and the Cleveland Indians played each other and sold tickets to only 18,099 people in Cleveland. The Indians stadium, Progressive Field, holds 43,545. Rangers Ballpark in Arlington holds 49,170. Assume for simplicity that tickets to all regular-season games are priced at $45. a. Draw supply and demand curves for the tickets to each of the two games. (Hint: Supply is fixed. It does not change with price.) Draw one graph for each game. b. Is there a pricing policy that would have filled the ballpark for the Cleveland game

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