The city of Allentown has decided to hold a referendum on subsidizing the renovation of the Ironpigs ballpark. The city has three citizens, each with an identical demand for Ironpig tickets of QD= 15 - P, but each differs about their value for having the team in Allentown. Sarah thinks having them there is worth $10,000, Jack thinks it is only worth $5,000, and Tom does not think it is worth anything to the town. A. Assuming that the Ironpigs charge $10 per ticket and each citizen pays an equal share of the subsidy, what is the maximum subsidy that would pass a majority rule vote in Allentown? B. Now suppose the Ironpigs drop the price of the tickets to $6. What is the maximum subsidy that would pass in a majority rule vote? The city of Allentown has decided to hold a referendum on subsidizing the renovation of the Ironpigs ballpark. The city has three citizens, each with an identical demand for Ironpig tickets of QD= 15 - P, but each differs about their value for having the team in Allentown. Sarah thinks having them there is worth $10,000, Jack thinks it is only worth $5,000, and Tom does not think it is worth anything to the town. A. Assuming that the Ironpigs charge $10 per ticket and each citizen pays an equal share of the subsidy, what is the maximum subsidy that would pass a majority rule vote in Allentown? B. Now suppose the Ironpigs drop the price of the tickets to $6. What is the maximum subsidy that would pass in a majority rule vote