Changes

4. Why do grocery stores lower the price of their fruit (such as grapes) when they have too many of that fruit and they are on the verge of rotting?  Explain by citing the downward slope of a demand curve.

4. Why do grocery stores lower the price of their fruit (such as grapes) when they have too many of that fruit and they are on the verge of rotting?  Explain by citing the downward slope of a demand curve.

5. When the New York Yankees built their new $1.5 billion new ballpark, they had to make a decision about how many "obstructed view" bleacher seats to include.  Due to the design of the new stadium, people sitting in those bleacher seats could see all of the field because something blocks part of their view.  Here is what the supply and demand information is for those obstructed-view seats:

5. When the New York Yankees built their new $1.5 billion ballpark, they had to make a decision about how many "obstructed view" bleacher seats to include.  Due to the design of this new stadium, people sitting in these bleacher seats could not see all of the field because something blocks part of their view.  Here is what the supply and demand information is for those obstructed-view seats:

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