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Question 16 (4 points) If a team has an (inverse) demand curve given by Q = 30,000 - SOP, then at a price of $100
Question 16 (4 points) If a team has an (inverse) demand curve given by Q = 30,000 - SOP, then at a price of $100 per ticket, total revenue is: 15/ Suppose the team has a capacity constraint of 20,000 fans. What price should it set? Qv What is total revenue in this case? 6/ If its arena does in fact hold only 20,000 fans, is this team capacity constrained at its profit-maximizing level of ticket sales? (Yes i no f maybe}? Q/
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