Suppose the can segment their fans into young fans and senior citizens. Young fans have the demand

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Suppose the can segment their fans into young fans and senior citizens. Young fans have the demand curve 120 — 10G (MR = 120 — 20G). Senior citizens have the demand curve p = 60 — 10G (MR = 60 — 20G). Assume again that MC = 0. What are the equilibrium price and quantity for young fans? What are the equilibrium price and quantity for senior citizens?

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Related Book For  answer-question

The Economics Of Sports

ISBN: 9780133022926

5th Edition

Authors: Michael A. Leeds, Peter Von Allmen

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