The number of seats at hard rock stadium is fixed at 70,000. Suppose the team raises the price of a ticket from $30, at which 70,000 are sold, to $40, and it sells 60,000 tickets. The price change would cause a change in consumer surplus of?

The correct answer is "(B) -$700,000; $0; $0".

Step-by-step explanation:

The tax caused a change in the consumer surplus of $-700000, a change in the producer surplus of $0, and a deadweight loss of $0.

The change in consumer surplus is due to the $ 10 increase lost by consumers (10 x 70000 = 70000).

The rest does not vary because management decided to raise the price of the product, instead of bearing the tax.

g = (2, 2)

step-by-step explanation:

given the ratio is 1 : 1 then f is the midpoint of eg

let the coordinates of g = (x, y)

using the midpoint formula

(0 + x) = 1 ( multiply both sides by 2 )

0 + x = 2 ⇒ x = 2

similarly

(4 + y) = 3 ( multiply both sides by 2 )

4 + y = 6 ( subtract 4 from both sides )

y = 2

coordinates of g = (2, 2)

answer:

125 yards

explanation:

75+50=125. that is my answer