To buy season tickets at the new Levi's Stadium, 49ers fans have ...

[leo leo]

To buy season tickets at the new Levi's Stadium, 49ers fans have to buy a Personal Seat License (PSL) that then allows them to buy season tickets for the next 30 years. This is an example of
 
  A) why the NFL shouldn't have anti-trust exemptions.
  B) two-part pricing, where the PSL is the lump-sum payment.
  C) pure bundling pricing.
  D) positively correlated pricing.

Question 2

If a competitive firm cannot earn a profit at any level of output during a given short-run period, then which of the following is FALSE?
 
  A) It will shut down in the short run and wait until the price increases sufficiently.
  B) It will exit the industry in the long run.
  C) It will operate at a loss in the short run.
  D) It will minimize its loss by decreasing output so that price exceeds marginal cost.

[nanny]

Answer to Question 1

B

Answer to Question 2

D

[leo leo]

Thank you

[nanny]

Happy to help you