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(Solved): Suppose the graph below depicts the demand for football tickets at Grand University Price (dollars ...




Suppose the graph below depicts the demand for football tickets at Grand University
Price (dollars per ticket)
0
2,000
$ 1400
Tickets (per game
Instructions: Enter your responses as a whole number.
a. If current demand is represented as D2, what is to
Suppose the graph below depicts the demand for football tickets at Grand University Price (dollars per ticket) 0 2,000 $ 140000 1000 500 5.000 Tickets (per game) 4.000 D? 03 41.000 0.000 Instructions: Enter your responses as a whole number.. a. If current demand is represented as D2, what is total revenue (price quantity) at the price of $20? Chuck my work Tickets (per game Instructions: Enter your responses as a whole number. a. If current demand is represented as D2, what is total revenue ( pricex quantity) at the price of $20? $140000 b. If the price changes to $24, how many tickets would consumers purchase? tickets c. What is total revenue at that point? d. If the team has a losing streak that shifts the demand curve and the price is still $20, at what point do we end up? On demand curve [(Click to select) selling e. What is total revenue at that point? tickets


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b) 2500 c) total revenue = PRIC
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