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'At fenway park, hoem of the Boston Red Sox, seating is limited to 34,000.Hence, ' Sports Fans

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At fenway park, hoem of the Boston Red Sox, seating is limited to 34,000.Hence,

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Richmond, Virginia

At fenway park, hoem of the Boston Red Sox, seating is limited to 34,000.Hence,

Thank author of this post/commentAt fenway park, hoem of the Boston Red Sox, seating is limited to 34, 000.Hence, the number of tickets issued is fixed at that figure.(Assume that all seats are equally desirable and are sold at the same price).Seeing a golden opportunity to raise revenue, the city of Boston levies a per ticket cost of $5 to be paid by the ticket buyer. Boston sports fans, a famously civic-minded lot, dutifully send in the $5 per ticket. Draw a well-labeled graph showing the impact of the tax. On whom does the tax burden fall-the team's, owners, the fans, or both?why?

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