Consider the following seating arrangement for a concert hall: ko56 The front row only seats two people.

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Consider the following seating arrangement for a concert hall:  ko56 

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The front row only seats two people. Rows B–H, about 50 feet back from the front row, seat 20 people per row.

a. Would these front-row seats sell for more or for less than the front-row seats at a typical concert hall? Why?

b. Why don’t we see concert halls set up like this?

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Related Book For  book-img-for-question

Modern Principles Of Economics

ISBN: 9781429239974

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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