Assume the bills have the chance to offer a season ticket, Ask an Expert

Economics

Q. Assume the typical Buffalo Bills fan has the demand curve for Bills football games: P = 120 10G, where G is the number of games the fan attends.

a. If the bills want to sell the fan a ticket to all eight home games, illustrate what price must they charge?

b. Assume the Bills have the chance to offer a season ticket that is good for all eight home games, a partial season ticket that is good for four home games also tickets to individual games. Illustrate what price should they charge? Illustrate what is their revenue?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9171165

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