Question: 1. Assuming that stadium capacity is not a limiting factor, and given the following demand function: P = 1000 - 2Q a. Find the profit-maximizing

1. Assuming that stadium capacity is not a limiting factor, and given the following demand function:

P = 1000 - 2Q

a. Find the profit-maximizing attendance if the marginal cost of each fan

attending is zero.

b. Find the profit-maximizing attendance if the team faces the following marginal

cost function:

MC = 6Q

c. What would be required for this team to price discriminate in this market?

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