HW 4 solution

# HW 4 solution - Homework 4 Bundling 1 You are the owner of...

This preview shows pages 1–3. Sign up to view the full content.

Homework 4 Bundling 1. You are the owner of a basketball franchise, and are in charge of determining the ticket prices. You hire an econ major from UTA to find out how much people are willing to spend on tickets to a basketball game. This is what the econ major tells you: There are 41 home games. People’s willingness to pay to go to a back is represented by the following graph: a. What price would you set for a single game day ticket? \$50 b. What price would you set for a 5 game package? \$225 or \$45 per game c. What price would you set for a 15 game package? \$625 or \$41.67 per game d. What price would you set for a 30 game package? \$1075 or \$35.83 per game e. What price would you set for season tickets? \$1295 or \$31.59 per game

This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document
Price Discrimination 1. You are the owner of a baseball franchise, and are in charge of determining the ticket prices to attend the last game of the year. You hire an econ major from UTA to find out the demand to basketball games. This is what the econ major tells you:
This is the end of the preview. Sign up to access the rest of the document.

## This note was uploaded on 04/04/2011 for the course ECON 3306 taught by Professor Staff during the Spring '08 term at UT Arlington.

### Page1 / 3

HW 4 solution - Homework 4 Bundling 1 You are the owner of...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document
Ask a homework question - tutors are online