Economics (MindTap Course List)
Economics (MindTap Course List)
13th Edition
ISBN: 9781337617383
Author: Roger A. Arnold
Publisher: Cengage Learning
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Chapter 5, Problem 12QP
To determine

The economic effect.

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Consider the theater in which a Broadway play is performed. If tickets for all seats are the same price(say $10), what economic effect might arise?
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