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Price Quantity $100 0 $30 2,000 $60 4,000 $40 6,000 $20 8,000 $0 10000 Problem #4 Suppose the management of the St. Louis Blues professional
Price Quantity $100 0 $30 2,000 $60 4,000 $40 6,000 $20 8,000 $0 10000 Problem #4 Suppose the management of the St. Louis Blues professional hockey team estimates the above demand schedule for each home game it plays as: '1. Calculate the Total Revenue and Marginal Revenue 2. Suppose the auditorium can accommodate up to 12,000 fans. If the total costs to each blues game does not change with each additional ticket sold, what is the prot maximizing price and quantity for blues tickets? 3. What type of industry are the St. Louis Blues operating in
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