Consider the demand for tickets to see a specific hockey team play. The price of the ticket can be related to the quantity demanded (q) by the function: $p=199-0.01 q$. When the arena is not close to full capacity the total cost can be expressed by the function: $Cost=79 q + 5,000,000$.

Find marginal revenue (MR) as a function of quantity demanded.
$MR =$

Let $p^*$ and $q^*$ be the price and quantity demanded where profit is maximized.
$p^* =$   $q^* =$

The hockey players union has negotiated a deal requiring the team owner to pay an extra \$1,000,000 a year in salaries to the players. What should the new ticket price ($p_1$) be to ensure that profit is maximized.
$p_1 =$