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Question 4. In a town of 120,000 potent

Question 4. In a town of 120,000 potent

Question
4. In a town of 120,000 potential “football fans,” the football team draws the following attendees per game, at the various prices shown:

P
Q(in thousands)

Q (male) (1’000s)

Q (female) (1’000s)

Revenue (1’000s)

0

120

60

60

0

10

90

50

40

900

20

60

40

20

1200

30

30

30

0

900

Q. If the team can charge ANY prices it wants (including different prices to men and women), what price(s) should it charge to make the largest amount of revenue?

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