The Number of Seats in a Football Stadium Is Fixed

question 16

Essay

The number of seats in a football stadium is fixed at 70,000.The team raises the price of a ticket from
$30, where 70,000 are sold, to $40, and it sells 60,000 tickets.The price change caused a change in the consumer surplus of _.
A.-$10.
B.-$50,000
C.-$100,000
D.-$10,000

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Definitions:

African Americans

A racial or ethnic group in the United States with ancestors primarily from Africa.

Grocery Stores

Retail stores that primarily sell food, both fresh and packaged, along with other daily necessities.

Early Maturation

The occurrence of a pubertal event (or set of events) before the 3rd percentile of the normal range.

Adolescents

Individuals in the developmental stage between childhood and adulthood, typically between the ages of 13 and 19.