Answered: Ticket Price 30- 28- 26- 24- 22- 20-…

Ticket Price 30- 28- 26- 24- 22- 20- 18- 16- 14- 12- 10 84 1400 2800 4200 Number of Tickets Sold 5600 With this price control in effect: What would be the market price?$ 7000

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

个
Ticket Price
30-
28-
26-
24-
22-
20
18-
16-
14-
12-
10-
8-
1400
2800
4200
Number of Tickets Sold
5600
With this price control in effect:
What would be the market price?$
7000
4

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