At a Large Institution of Higher Learning, the Demand for Football

question 68

Multiple Choice

At a large institution of higher learning, the demand for football tickets at each game is 100,000 - 8,000p.If the capacity of the stadium at that university is 60,000 seats, what is the revenue maximizing price for this university to charge per ticket?

• A)$6.25
• B)$5
• C)$12.50
• D)$3.13
• E)$18.75

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Definitions:

Sociological Theories

Frameworks for understanding how society works, focusing on social relationships, structures, and institutions, and how they influence individual behavior and societal changes.

Pathologized

Considered or treated as psychologically abnormal or unhealthy.

Women's Criminal

Criminal activities or behaviors that are either unique to women or occur significantly among women, taking into consideration the societal, economic, and psychological factors influencing these actions.

Feminist Legal Theory

A theoretical framework that examines law and legal institutions through the lens of feminism, highlighting how laws have historically disadvantaged women and advocating for gender equality within legal systems.