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Brewers are playing their archrival the Chicago Cubs. Bleacher tickets for the game were sold out and many fans would have attended if tickets were available?
1.Draw the demand and supply lines for bleacher tickets for this game. Label the equilibrium bleacher price and the current bleacher price. (Hint: You can use the drawing tools in Word to draw a demand and supply line.) Label the equilibrium price and state whether the actual price is above or below equilibrium.1. Did the Brewers use the optimum pricing policy? Explain. If not, explain.
2. What is the main rationing mechanism to allocate tickets for the game?
why or why not bert is in a set salary he drinks 4 bottles of tea and 10 slice of bread.the price of tea is $10 and $4 per slice of bread.the last bottle of tea added 50 units to berts utility and the last slice of bread added 40 units.is bert ma..
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