There are 12,000 fans attending a basketball tournament featuring three regional powerhouses in Charlotte,North Carolina.There are 4,000 of each of three types of fans,identified by the school for which they cheer.The fans value a ticket to see a game according to which teams are competing as shown in the following table.The stadium holds 12,000,and the marginal cost of seating another viewer is zero.What is the change in the maximum profits that organizers can earn for the tourney if they sell the three games as a package instead of as individual games?
A) $20,000.
B) $120,000.
C) $160,000.
D) $200,000.
E) $220,000.

Question

There are 12,000 fans attending a basketball tournament featuring three regional powerhouses in Charlotte,North Carolina.There are 4,000 of each of three types of fans,identified by the school for which they cheer.The fans value a ticket to see a game according to which teams are competing as shown in the following table.The stadium holds 12,000,and the marginal cost of seating another viewer is zero.What is the change in the maximum profits that organizers can earn for the tourney if they sell the three games as a package instead of as individual games? 
A) $20,000. 
B) $120,000. 
C) $160,000. 
D) $200,000. 
E) $220,000.

Quizplus · Accepted Answer

The Answer of There are 12,000 fans attending a basketball tournament featuring three regional powerhouses in Charlotte,North Carolina.There are 4,000 of each of three types of fans,identified by the school for which they cheer.The fans value a ticket to see a game according to which teams are competing as shown in the following table.The stadium holds 12,000,and the marginal cost of seating another viewer is zero.What is the change in the maximum profits that organizers can earn for the tourney if they sell the three games as a package instead of as individual games? 
A) $20,000. 
B) $120,000. 
C) $160,000. 
D) $200,000. 
E) $220,000.

There Are 12,000 Fans Attending a Basketball Tournament Featuring Three