The Denver Broncos is a football team in the NFL, the Colorado Crush is an arena football team, and the Highlands Ranch Falcons is a local High School team. Broncos tickets cost about $415, the Crush cost between $30 and $85 and Falcons tickets are $6. What do the prices per unit tell you about the marginal utility from each of these football games?
A) The marginal utility will be equal from each game.
B) The marginal utility will be greatest from a Crush game.
C) The marginal utility will be greatest from a Falcons game.
D) The marginal utility will be greatest from a Broncos game.

Question

Quizplus · Accepted Answer

The higher price of Broncos tickets suggests that the marginal utility is greatest from a Broncos game, as people are willing to pay more for the experience.

The Denver Broncos Is a Football Team in the NFL