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Question 15 Major League Baseball teams rarely sell out their games. Suppose a profit- maximizing team has a stadium that holds 40,000 fans but prices
Question 15 Major League Baseball teams rarely sell out their games. Suppose a profit- maximizing team has a stadium that holds 40,000 fans but prices its tickets to sell only 25,000 tickets. Why would the rational team not price its tickets to sell out? O The revenue generated by serving one more fan exceeds the costs of serving that fan. O The cost of serving one more fan exceeds the revenue generated by that fan. O The marginal revenue generated by selling one more ticket falls as attendance rises. All of the above are reasons why this team would not price to sell out
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