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Suppose the Tampa Bay Rays baseball team charges $10 bleacher seats and sells 250,000 of them over the course of the season. The next season, the Rays intends to increase the price to $12 and sell 200,000 tickets.k
a) what is the elacticity of demand for bleacher seats at Rays games?
b)assuming the marginal cost of admitting one more fan is zero, is the price increase a good idea?
Discuss whether the company should consider the costs of purchasing the programming rights when it attempts to calculate the marginal cost of adding a subscriber in any area
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What are the factors that would influence the Federal Reserve in adjusting the discount rate and how does the discount rate affect the decisions of banks in setting their spec
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