Figure 34.2
-Referring to Figure 34.2, the price that this promoter will choose will

Question

Quizplus · Accepted Answer

The promoter's goal is to sell out the facility, but they also want to maximize their profit. The price that will accomplish both of these goals is where the demand curve intersects with the marginal cost curve. At this price point, the promoter will be able to sell out all of the seats while also maximizing their profit. Therefore, the correct answer is D.

Figure 34.2 -Referring to Figure 34.2, the Price That This Promoter Will