150 A $12,500,000 B) $11,250,000 $15,750,000 D $11,000,000 130 110 90 70 50 Ford Field Capacity is 65,000 10000 30000 50000 MC 70000 MRL DL DH MRH MRL and DL are for low-demand games. MRH and DH are for high-demand games. Based on the graph above, what is the total revenue for both games (high and low demand games) if the price is set at the high- demand price level?

150 A $12,500,000 B) $11,250,000 $15,750,000 D $11,000,000 130 110 90 70 50 Ford Field Capacity is 65,000 10000 30000 50000 MC 70000 MRL DL DH MRH MRL and DL are for low-demand games. MRH and DH are for high-demand games. Based on the graph above, what is the total revenue for both games (high and low demand games) if the price is set at the high- demand price level?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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