Yu own a theater with 200 seats the demand for seats is q , Microeconomics

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Yu own a theater with 200 seats the demand for seats is q

You own a theater with 200 seats. The demand for seats is Q = 300 -100P. You are charging $1.25 per ticket and selling 175 seats. Your costs are fixed and do not depend on the number of people attending. Should you cut your price to fill the theater?

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Microeconomics: Yu own a theater with 200 seats the demand for seats is q

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