Question: 1.You have been tasked with estimating the demand function of ticket sales for the Columbus Crew (a regional monopoly). You found a demand function P

1.You have been tasked with estimating the demand function of ticket sales for the Columbus Crew (a regional monopoly). You found a demand function P_t= 10000 4Q_t

(a)Draw the demand function

(b)Find and draw the Marginal Revenue function

(c)Assume the team wants to maximize revenue, what price should they charge for a ticket?

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