Use the following information to answer the questions:
The accompanying figure depicts the demand (D) curve for general admission concert tickets to see ECON-Jammin', the world's first economics rock band, which is scheduled to visit your city next month. The concert venue can accommodate 100 fans with a marginal cost (MC) of $10 per person.
-If ECON-Jammin' charges a single price to see its band in concert and follows the profit-maximizing rule for the perfectly competitive firm, how many people will attend the concert?

Question

Use the following information to answer the  questions:
The accompanying figure depicts the demand (D) curve for general admission concert tickets to see ECON-Jammin', the world's first economics rock band, which is scheduled to visit your city next month. The concert venue can accommodate 100 fans with a marginal cost (MC) of $10 per person. 
-If ECON-Jammin' charges a single price to see its band in concert and follows the profit-maximizing rule for the perfectly competitive firm, how many people will attend the concert?

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The Answer of Use the following information to answer the  questions:
The accompanying figure depicts the demand (D) curve for general admission concert tickets to see ECON-Jammin', the world's first economics rock band, which is scheduled to visit your city next month. The concert venue can accommodate 100 fans with a marginal cost (MC) of $10 per person. 
-If ECON-Jammin' charges a single price to see its band in concert and follows the profit-maximizing rule for the perfectly competitive firm, how many people will attend the concert?

Use the Following Information to Answer the Questions