$700 650 600 550 E 500 450 400 350 300 7 9 10 11 12 13 14 Quantity of tickets (millions per year)

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter2: The One Lesson Of Business
Section: Chapter Questions
Problem 2.1IP
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Calculate the new producer Surplus 

Ticket Price
S
$700
650
600
550
E
500
450
400
350
300
8
6.
10 11
12
13
14
Quantity of tickets (millions per year)
Transcribed Image Text:Ticket Price S $700 650 600 550 E 500 450 400 350 300 8 6. 10 11 12 13 14 Quantity of tickets (millions per year)
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