(Solution Document) Tickets and Merchandise. Consider a baseball team that has a ticket price of $45 and sells 30,000 tickets at this price. The slope of the demand...


Tickets and Merchandise. Consider a baseball team that has a ticket price of ?$45 and sells 30,000

 

tickets at this price. The slope of the demand curve is ??$0.002. The typical fan purchases ?$30 worth of merchandise that costs the owner ?$5 to provide.

 

 

a. The marginal revenue from ticket sales is

 

?$.

 

?(Enter your response rounded to two decimal places and include a minus sign if? necessary.)

 

 

b. Including both ticket sales and? merchandise, the marginal fan contributes an additional

 

?$

 

to the? team's total revenue. ?(Enter your responses rounded to two decimal? places.)

 







About this question:

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by .
SiteLock