Question

The Seattle Mariners baseball team wishes to determine the equilibrium price for seats for each of the next two seasons

Answer 1

Price Qd1 Qd2 Qs

25 75000 60000 45000

30 60000 55000 45000

35 45000 50000 45000

40 30000 45000 45000

45 15000 40000 45000

[Find the attachment for the graph]