Question: If you could pleasw answer both it would be greatly appreciated will thumbs up Question 12 (5 points) Listen A local sports bar routinely promotes

If you could pleasw answer both it would be greatly appreciated will thumbs up If you could pleasw answer both it would be
If you could pleasw answer both it would be
Question 12 (5 points) Listen A local sports bar routinely promotes sporting events, such as the Super Bowl, the NCAA Sweet Sixteen tournament, the BCS games, the Masters, NBA and NFL playoffs, NHL, baseball, NASCAR, and key curling bonspiels. By keeping records, the owner has determined that when the cover price is $14 the average number of patrons is 227. For every $1 change in cover charge, the number of patrons changes by 8. Assuming a linear demand curve, calculate the maximum reservation price for sporting events at this sports bar. Round your answer to the nearest dollar Your Answer: Answer Question 10 (10 points) Listen 2 A firm sells mid-range snowboards and estimates its demand curve to be Q = 15,500 - 23(P). Variable costs are $265. At what price does marginal revenue equal O? Round your answer to the nearest dollar. 15 Your

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