The next three multiple-choice questions make use of the following information. The demand for team A's games consist of 200 potential fans, each of whom may choose to attend one or more of the team's five home games. 100 of the fans will pay up to $40 to attend a single game and nothing to attend any additional games. However, the remaining 100 fans have the following demand schedule: Value of lst game: $40 Value of 211d game: 32 Value of 3rd game: 24 Value of 4th game: 16 Value of 5th game: 8 ---- 21. If the team sets a single game price of $40 its home attendance and total revenue will be (a) zero (b) 100 and $4,000 (c) 200 and $8,000 (d) 300 and $12,000 22. The maximum amount that a multigame fan will pay for a season ticket allowing her to attend all 5 games is (a) $40 (b) $80 (c) $120 ((1) $ 160 23. Suppose the team sets the price of individual game tickets at $40, but offers season tickets at the price you computed in 22. Its total attendance and revenue will be (a) 600 and $16,000 (b) 200 and $8,000 (c) 200 and $16,000 (d) 600 and $8,000