Suppose the demand for football tickets at a local college is                                                   QD=60,000−500P   and the supply of tickets is                                                   QS=20,000. Part 2 The market equilibrium price is ​$8080 and the equilibrium quantity is 2000020000 tickets. ​(Enter your responses as whole​ numbers.) Part 3 Total economic surplus in this market is ​$enter your response here. ​(Enter your response as a whole​ number.)

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