You a football mbist and love watching the football matches to the extent that you are willing to pay anything upto Rs. 100 for watching a You watch a 15-hours match at the stadius that costs you Rn. 150. The minimum profit that the stadium owner wishes to generate by conducting the chi Re 1.90.000 If there were 5000 viewers in the watch, answer the following question a How much is the consumer

surplos for you as a buyer? At what price of the match would the consumer surplus bezer for you? EVI

How much is the total producer surplus for the stadium? 121

c. If the stadium would have used the same ground for conducting a political evest, it could have sumed Ra 8,00,000 while the cost of conducting that

event is R 40.000 lower than that for contucting the match. What is the opportunity cost of organizing the football match for the stadium? 121