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(Solved): Question 5 1 pt The number of seats in a football stadium is fixed at 70,000 . The team raises the p ...
Question 5 1 pt The number of seats in a football stadium is fixed at 70,000 . The team raises the price of a ticket from
$30, at which 70,000 are sold, to
$40, and it sells 60,000 tickets. Assume a straight-line downwardsloping demand curve. The price change caused a change in the consumer surplus of: -$10
-$100,000
-$65,000
-$650,000