Represents the number of games the fan attends

Assignment Help Business Economics
Reference no: EM133082438

Suppose that a demand curve for a typical FC Barcelona fan is P = 200 - 20G, G represents the number of games the fan attends.

a) If the FC Barcelona want to sell this fan a ticket to five home games, what price must they charge? What are their revenues?

b) Imagine FC Barcelona can perfectly price discriminate. What are the revenues?

c) FC Barcelona want to offer 2 options for their fans, a bundle of two tickets and a bundle of four. What are the prices of 1 ticket in the two bundles?

d) FC Barcelona decided that they want to charge a two-part tariff, a fixed fee for entry and a price per game. If the marginal cost of attendance is $10, what is the optimal fixed fee for the fan?

Reference no: EM133082438

Questions Cloud

Cross-elasticity of demand for hand soap : 1. Suppose the price of ethyl alcohol rises by 20%. As a result, the demand for substitute hand soap rises by 10%
Dissolution of the soviet union : Would the FSUs have had an easier time adapting to the dissolution of the Soviet Union in this case? Please explain your response.
Demands the immediate repayment of a large debt : -If a foreign investor demands the immediate repayment of a large debt, how does this affect the U.S. government's purchasing power?
Find the expression in terms of p only : (1) If the firm serves only high type consumers, what should be the optimal two-part tariff, T and P ? Also, compute the resulting profit.
Represents the number of games the fan attends : Suppose that a demand curve for a typical FC Barcelona fan is P = 200 - 20G, G represents the number of games the fan attends.
Targeted support for coronavirus-affected regions : 2. Payments to support households - $750 payment to social security and veteran income support recipients and eligible concession card holders, except for those
Effect on the equilibrium price and quantity : Show the effect on the equilibrium price and quantity in the market for cookies if the price of flour decreases. Determine which curve is affected by the change
Impact on the effectiveness of responses : 1. In the face of globalization what are the various responses used by the retailing industry?
Assignment on bhp billiton : What percentage of sales, revenue, assets and income does the company derive from its foreign operations?

Reviews

Write a Review

Business Economics Questions & Answers

  If a policy is pareto optimal

If a policy is Pareto optimal:

  How do you explain the wide variety of prices

How do you explain the wide variety of prices for virtually the same service, given that the cost to Hulu of providing each plan is basically the same?

  Increase gross domestic product

Mr. Mallon would like to increase gross domestic product (GDP) while keeping unemployment, taxes, and inflation as low as possible. Should fiscal policy be a large part of the campaign, or should the focus shift to supporting the Federal Reserve and ..

  The marginal benefit curve of public good

Which of the following can bring about an efficient level of public goods being provided by the government? The marginal benefit curve of a public good.

  How it is perceived by different cultures within the u.s.

Use at least three sources, two of which must be scholarly sources (peer reviewed studies or journal articles) from the West library.Format your paper according to the West Writing Style Guidelines, the West Citation and Reference Generator tool f..

  Estimate the value of a life

The city council is conducting a cost-benefit analysis for a new bridge. The construction materials for the bridge will cost $80 million.

  Production technology exhibit

Does the production technology exhibit increasing/decreasing/constant returns to scale.

  Calculate the average inventory level

An animal health care distributor has a Distribution Center (DC) in the Chicago, IL. The company would like to store penicillin that is used for companion animals at this facility. Given data below calculate the inventory management parameters as wel..

  Plot the breaking even points

The equations for hand soap and laundry soap is as follows:(i) TC = 12+2Q (ii) TC = 0.3Q3- 2 15Q+ 25Q

  Ministry of environment

As an environmental officer with the Ministry of Environment it was requested by the Director to discuss and justify 'why' and 'how' the implementation

  Banks assets and liabilities

Show how each of the following would initially affect a bank's assets and liabilities.

  What is the probability that they would say that the effects

If you randomly selected an individual from those polled, what is the probability that they would say that the effects "were not harmful at all"?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd