Promoters of a major college basketball tournament estimate that the demand for tickets by adults is qa = 5,000 - 10p and the demand for tickets by students is qs = 10,000 - 100p. the marginal cost and average total cost of seating an additional spectator is constant, mc = $10, suppose it was illegal for the promoters to charge different prices for tickets. what is the total profit (you should round)?



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