A semiprofessional baseball team near your town plays two


A semiprofessional baseball team near your town plays two home games each month at the local baseball park. The team splits the concessions 50/50 with the city but keeps all the revenue from ticket sales. The city charges the team $100 each month for the three-month season. The team pays the players and manager a total of $1,000 month. The team charges $10 for each ticket, and the average customer spends $7 at the concession stand. Attendance averages 30 people at each home game.

 The team earns mce_markernbsp; in revenue for each game and mce_markernbsp; revenue each season.

With total costs of  mce_markernbsp; each season, the team finishes the season with  mce_markernbsp; of profit.

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Microeconomics: A semiprofessional baseball team near your town plays two
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