Question: Answer correctly and explain your answer. I will rate accordingly. ty_ped answer only. Suppose that Figure ill depicts the demand conditions for the City of

Answer correctly and explain your answer. I will rate accordingly. ty_ped answer only.

Answer correctly and explain your answer. I will rate accordingly. ty_ped answer

Suppose that Figure ill depicts the demand conditions for the City of Branttord with respect to a potential Wayne Gtetzky Museum. The owners of the exhibits [the Gretzky family} have derided that the mice per exhibit will be 599. They have also decided that the winning bid for the museum will be required to take all 99 items. Using Figure #1 {and using the associated information). calculate the additional surplus gained by the Gretzky's assuming they are a monopoly and can exploit an all- orvnothing demand curve. $1080 $1170 0 $540 $585

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