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Economics Lecture Two (view source)
Revision as of 18:51, February 27, 2013
, 18:51, February 27, 2013→Assignment: more realistic pricing for Yankees tickets
|'''Demand quantity at that price'''
|'''Demand quantity at that price'''
|-
|-
|$9
|$30
|1000 (the high sales price => high supply)
|1000 (the high sales price => high supply)
|300 (the high sales price => low demand)
|300 (the high sales price => low demand)
|-
|-
|$7
|$25
|800
|800
|450
|450
|-
|-
|$5
|$15
|600
|600
|600
|600
|-
|-
|$3
|$8
|300 (the low sales price => low supply)
|300 (the low sales price => low supply)
|1200 (the low sales prie => high demand)
|1200 (the low sales prie => high demand)