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Suppose the typical season-ticket holding Nashville Predators fan has the following demand curve for Preds hockey home games: P = 500 10G where G is
Suppose the typical season-ticket holding Nashville Predators fan has the following demand curve for Preds hockey home games: P = 500 10G where G is the number of games the fans attends. Show your work.
If the Preds implement a two-tier pricing system (two-part tariff), what would be the average seat-license fee and fan's total expenditure for the season.
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