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Table 7-6 -Refer to Table 7-6.You Have Four Essentially Identical Extra Tickets

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Table 7-6
Table 7-6    -Refer to Table 7-6.You have four essentially identical extra tickets to the Midwest Regional Sweet 16 game in the men's NCAA basketball tournament.The table shows the willingness to pay of the four potential buyers in the market for a ticket to the game.You offer to sell the tickets for $325.How many tickets do you sell,and what is the total consumer surplus in the market? A)  one ticket; $175 B)  two tickets; $225 C)  three tickets; $225 D)  three tickets; $275
-Refer to Table 7-6.You have four essentially identical extra tickets to the Midwest Regional Sweet 16 game in the men's NCAA basketball tournament.The table shows the willingness to pay of the four potential buyers in the market for a ticket to the game.You offer to sell the tickets for $325.How many tickets do you sell,and what is the total consumer surplus in the market?


Definitions:

Cephalocaudal

A principle of growth and development where skills emerge from the head down through the body.

Continuous

Without interruption or end, often used to describe processes or events that persist over time without stopping.

Cephalocaudal

A principle of growth and development where development proceeds from the head downwards through the body.

Proximodistal

A pattern of growth and development where development proceeds from the center of the body outward towards the extremities.

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