Home / Expert Answers / Economics / tickets-and-merchandise-consider-a-baseball-team-that-has-a-ticket-price-of-45-and-sells-pa901

(Solved): Tickets and Merchandise. Consider a baseball team that has a ticket price of \( \$ 45 \) and sells ...



Tickets and Merchandise. Consider a baseball team that has a ticket price of \( \$ 45 \) and sells 30,000 tickets at this pri

Tickets and Merchandise. Consider a baseball team that has a ticket price of \( \$ 45 \) and sells 30,000 tickets at this price. The slope of the demand curve is \( -\$ 0.002 \). The typical fan purchases \( \$ 25 \) worth of merchandise that costs the owner \( \$ 5 \) to provide. a. The marginal revenue from ticket sales is b. Including both ticket sales artd merchandise, the marginal fan contributes an additional to the team's total revenue. (Related to Application 1?.)


We have an Answer from Expert

View Expert Answer

Expert Answer


According to Question --- Marginal Revenue is alluded to as the income that is pro
We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe