There is a shortage of college basketball and football tickets for some games, and a surplus occurs for other games.

The following graph shows the market for the football team home games. Suppose that your favorite football team has a stadium that seats 15,000 people and that for every game during the season, the football team administrators charge $15 for tickets. The demand curve for the tickets for the top-of-the-league games is labeledD

Top

DTop, and the demand curve for the tickets for the low-ranked games is labeledD

Low

DLow.

*Course Hero X MindTap - Cengage Learning X Chapter 03: Market Demand and X + X > C a ng.cengage.com/staticb/ui/evo/index.html?eISBN=9781337622356&id=878887545&snapshotld=1889825& R LAQUITA CENGAGE | MINDTAP Q Search this course ? My Home Study Questions and Problems (Ch 03) X Courses 24 Supply Catalog and Study Tools Demand Partner Offers A-Z Rental Options PRICE (Dollars per ticket College Success Tips OHNWAUO NOOSEJUEGO ODORNW D TOP Career Success Tips LOW ? Help 10 20 30 40 50 60 QUANTITY (Thousands of tickets) Q Give Feedback The price of $15 per tickets will result in tickets sold. Suppose that the team is to play against a low-ranking rival. The demand curve for the game tickets is DLow . The team will sell tickets, which means that there is a of tickets because the quantity of tickets exceeds the quantity of tickets At If, instead, your team were to play against a top-ranking rival, the quantity of tickets would exceed the quantity of tickets , which would result in a of tickets. Grade It Now Save & Continue 9 C G 2 8:42*Course Hero x MindTap - Cengage Learning X Chapter 03: Market Demand and X + X -> C a ng.cengage.com/staticb/ui/evo/index.html?eISBN=9781337622356&id=878887545&snapshotld=1889825& R LAQUITA CENGAGE | MINDTAP Q Search this course ? My Home Study Questions and Problems (Ch 03) X Courses Catalog and Study Tools On the following graph, use the green points (triangle symbol) to plot the supply curve for the tickets for the football team home game. Then use the Partner Offers grey points (star symbol) to plot the demand curve according to the team administrators. A-Z Rental Options College Success Tips Career Success Tips A ? Help Supply Q Give Feedback PRICE (Dollars per ticket) Demand D Top LOW At 10 20 30 40 50 60 QUANTITY (Thousands of tickets) G+ 2 8:42