Principles of Microeconomics (Second Edition)
Principles of Microeconomics (Second Edition)
2nd Edition
ISBN: 9780393623840
Author: Lee Coppock, Dirk Mateer
Publisher: W. W. Norton & Company
Question
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Chapter 5, Problem 9SP

(a)

To determine

Determine the equilibrium price and equilibrium quantity of tickets sold. 

(b)

To determine

Illustrate graphically the equilibrium price and equilibrium quantity of tickets sold. 

(c)

To determine

Determine the consumer surplus.

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