Business, 21.04.2020 23:50 hncriciacheichi

Suppose that Rihanna sells 1,000 tickets to a concerts at $480 each. If the equilibrium price is $600 per ticket for a fixed supply of 1,000 tickets, what is the value of the additional economic rent that Rihanna could earn if she charged the market clearing price?

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Suppose that Rihanna sells 1,000 tickets to a concerts at $480 each. If the equilibrium price is $60...

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