The demand facing a sports franchise located in City A is P = 100 0.005Q. But

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The demand facing a sports franchise located in City A is P = 100 − 0.005Q.

But if itmoved to City B, the demand would be P = 150 − 0.01Q.

If marginal and average cost would be equal to 10 in either city, which location would be the most profitable? Show that competition from the other city could not lead to a different choice of location.

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Sports Economics

ISBN: 9780521876612

1st Edition

Authors: Roger D. Blair

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Question Posted: Nov 13, 2024 02:00 AM

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The demand facing a sports franchise located in City A is P = 100 0.005Q. But

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Sports Economics

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